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USD/JPY Weekly Forecast: BoJ Rate Hike Odds Boost Yen

by Forex Crunch
November 30, 2024
in Forex Analysis
Reading Time: 1 min read

The yen rallied on a higher likelihood of a Bank of Japan rate hike in December.  Core inflation in Tokyo increased more than expected.  US inflation figures came in line with expectations. The USD/JPY weekly forecast supports further downside for the pair as the yen finds relief due to the increasing bets for a BoJ…
The post USD/JPY Weekly Forecast: BoJ Rate Hike Odds Boost Yen appeared first on Forex Crunch.
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