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USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift

USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift
The BOJ tiptoed away from its longstanding monetary stimulus program. The yen depreciated by approximately 0.8%. The dollar continued to be supported by the possibility of another Fed rate hike. The USD/JPY outlook is optimistic today, driven by the yen’s decline, which finds itself skimming the depths of a one-year low against the dollar. This... The post USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift appeared first on Forex Crunch... Read More
Posted: Oct 31 2023, 10:01
Author Name: forexcrunch
Views: 112214

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