The USD/JPY outlook shows a rebound in the yen. Japan’s wholesale inflation rose by 4.0% in April. Traders are looking forward to US data on sales. The USD/JPY outlook shows a stronger yen due to a growing divergence in policy outlooks between the Fed and the Bank of Japan. Inflation in the US continues dropping…
The post USD/JPY Outlook: Yen Strengthens as Fed-BoJ Outlooks Diverge appeared first on Forex Crunch.
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