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USD/JPY Forecast: Q3 Economy Shrinks Less than Expected

Started by forex4you, Dec 08, 2022, 02:58 pm

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USD/JPY Forecast: Q3 Economy Shrinks Less than Expected

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


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