The yen rallied after Shigeru Ishiba won Japan’s election. Ishiba supports the recent Bank of Japan policy moves. The dollar fell due to softer-than-expected inflation numbers. The USD/JPY weekly forecast leans South due to an increased likelihood of more rate hikes in Japan and cuts in the US. Ups and downs of USD/JPY The USD/JPY…
The post USD/JPY Weekly Forecast: Yen Soars as BoJ Rate Hike Looms appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/CAD Price Analysis: Dollar Gains Momentum Ahead of NFP - October 5, 2024
- GBP/USD Weekly Forecast: Sentiment Shift Amid Upbeat NFP - October 5, 2024
- USD/CAD Weekly Forecast: Aggressive Rate Cut Odds Fade - October 5, 2024
