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USD/JPY Forecast: Dollar Soars as Fed Rate Hike Bets Rise

USD/JPY Forecast: Dollar Soars as Fed Rate Hike Bets Rise
Markets are pricing an 86% chance that the Fed will lift rates by 25 basis points. Major Japanese manufacturers remained pessimistic in April. The outlook for Japan’s service sector improved for a second consecutive month. Today’s USD/JPY forecast is bullish. The dollar rose as investors focused on the Federal Reserve’s probable steps to control inflation. … Continued The post USD/JPY Forecast: Dollar Soars as Fed Rate Hike Bets Rise appeared first on Forex Crunch... Read More
Posted: Apr 19 2023, 10:33
Author Name: forexcrunch
Views: 110663

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