USD/JPY Outlook: Buyers Emerging Amid Weak JPY, Fed Hawks

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USD/JPY Outlook: Buyers Emerging Amid Weak JPY, Fed Hawks

In October, Japan’s imports increased significantly, widening the trade deficit. The Yen’s decline drives up import prices, hurting consumers and producers. Japan’s economy contracted in Q3 for the first time in a year. Today’s USD/JPY outlook is slightly bullish as Japan’s economy further deteriorates. In October, Japan’s imports increased significantly compared to the same month … Continued

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