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USD/JPY Forecast: Downside Risk Soars After BoJ’s Remarks

USD/JPY Forecast: Downside Risk Soars After BoJ’s Remarks
Ueda said that the BOJ might abandon its negative interest rate policy. The dollar declined in anticipation of this week’s crucial US inflation report. Ueda’s statements aimed to halt the yen’s decline against the dollar. Today’s USD/JPY forecast is bearish. Notably, the yen surged, driven by remarks from Bank of Japan (BOJ) Governor Kazuo Ueda.... The post USD/JPY Forecast: Downside Risk Soars After BoJ’s Remarks appeared first on Forex Crunch... Read More
Posted: Sep 11 2023, 08:27
Author Name: forexcrunch
Views: 110773

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