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USD/JPY Forecast: Intervention Threats Pause Yen’s Decline

USD/JPY Forecast: Intervention Threats Pause Yen’s Decline
Market participants expect that US interest rates will remain unchanged. The yen plunged 1.7% on Tuesday, reaching a one-year low of 151.74 per dollar. The Bank of Japan raised its inflation forecasts but left policy rates unchanged on Tuesday. The USD/JPY forecast witnessed a slightly bearish shift on Wednesday as the weak yen staged a... The post USD/JPY Forecast: Intervention Threats Pause Yen’s Decline appeared first on Forex Crunch... Read More
Posted: Nov 1 2023, 09:52
Author Name: forexcrunch
Views: 112262

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