Japan experienced a smaller Q3 decline than previously anticipated. Japan’s economy shrank due to global recession risks, China’s faltering economy, and a weak yen. Japan’s current account deficit increased to 609.3 billion yen in October. Today’s USD/JPY forecast is slightly bearish. The third-largest economy in the world, Japan, experienced a smaller third-quarter decline than previously … Continued
The post USD/JPY Forecast: Q3 Economy Shrinks Less than Expected appeared first on Forex Crunch.