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USD/JPY Outlook: Rising Bets for Rate Hike Boost Yen

by Forex Crunch
November 22, 2024
in Forex Analysis
Reading Time: 1 min read

Japan’s core consumer inflation increased by 2.3% in October. 56% of economists expect the Bank of Japan to hike rates in December. US jobless claims unexpectedly fell to 213,000. The USD/JPY outlook shows a stronger yen amid increasing bets for a December rate hike by the Bank of Japan. However, the pair fluctuated on Friday…
The post USD/JPY Outlook: Rising Bets for Rate Hike Boost Yen appeared first on Forex Crunch.
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