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USD/JPY Weekly Forecast: Strong Hopes for a BoJ Policy Shift

Started by forex4you, Jan 17, 2023, 09:27 am

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Jan 17, 2023, 09:27 am
USD/JPY Weekly Forecast: Strong Hopes for a BoJ Policy Shift

The BOJ is rumored to be considering changing or abandoning its YCC policy. 10-year government bond yields in Japan rose above the central bank’s 0.5% cap momentarily. The yen rose due to easing US inflation which saw the dollar weaken across the board.  The USD/JPY weekly forecast is bearish as yen bulls applaud a possible … Continued


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