my USD/JPY price analysis outlook forecast

Fed’s Waller suggested the possibility of a rate cut in the coming months. The dollar dropped over 0.5% to 146.675 yen, marking its weakest point in over two months. A key measure of Japan’s inflation trend accelerated to 2.2% in October. The USD/JPY forecast showed a bearish bias entering midweek as the dollar fell to…

The post USD/JPY Forecast: Dollar Hits 3-Month Low on Dovish Fed appeared first on Forex Crunch.

Source: https://www.forexcrunch.com/blog/2023/11/29/usd-jpy-forecast-dollar-hits-3-month-low-on-dovish-fed/