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USD/JPY nudging 150, Rabobank expect "USD strength will dominate in the coming month"

Rabobank are looking for further USD strength in the near term and the Bank of Japan to tweak policy a little further out:"Given the potential issues involved with maintaining its yield curve policy at current settings and the risk that JPY weakness would accentuate any further strength in oil prices, we see another tweak to policy as likely being on the cards in the months ahead,"Adding on reports that the BOJ will discuss raising their inflation forecasts for FY23/24 at the October 31 policy m...
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Posted: Oct 18 2023, 22:31
Author Name: forexlive
Views: 082377