Japan’s industrial activity decreased for a third consecutive month. Many still anticipate a hawkish turn this year from the BOJ. The yen’s depreciation era is quickly coming to an end. Today’s USD/JPY outlook is slightly bullish. A company survey released Tuesday showed Japan’s industrial activity decreased for a third consecutive month in January as export … Continued
The post USD/JPY Outlook: Japan’s Declining PMI to Support Bids appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- Gold Playing in Demand Zone, Eying US Core PCE Price Index - January 27, 2023
- EUR/USD Price Analysis: ECB Set to Deliver Bigger Hike than Fed - January 27, 2023
- GBP/USD Outlook: BoE Facing an Uphill Task with Inflation - January 27, 2023
