my USD/JPY price analysis outlook forecast

Inflation data from the US supported investor expectations of looming rate cuts. Powell said that the rate hike cycle was likely at an end. Economists do not foresee any changes at the upcoming BOJ meeting. In the USD/JPY weekly forecast, the winds of change are steering towards a bearish outlook. This trend comes as the…

The post USD/JPY Weekly Forecast: Fed-BoJ Divergence Leads Sellers appeared first on Forex Crunch.

Source: https://www.forexcrunch.com/blog/2023/12/16/usd-jpy-weekly-forecast-fed-boj-divergence-leads-sellers/