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USD/JPY Forecast: Chinese Deflation Data Pushes Dollar Back
The Chinese economy experienced a period of deflation in the previous month. US inflation data is scheduled for release on Thursday. Japanese real wages declined for the 15th consecutive month in June. Today’s USD/JPY forecast is slightly bearish. On Wednesday, the dollar pulled back marginally following the data release indicating that the Chinese economy experienced … Continued The post USD/JPY Forecast: Chinese Deflation Data Pushes Dollar Back appeared first on Forex Crunch...
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Posted: Aug 9 2023, 10:26
Author Name: forexcrunch
Views: 110782