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USD/JPY Forecast: Japan Defends Ultra Loose Policy Despite Weak Yen

Started by forex4you, Oct 30, 2022, 07:47 am

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USD/JPY Forecast: Japan Defends Ultra Loose Policy Despite Weak Yen

Suzuki defended Japan’s monetary policy, saying it only sought to stabilize prices, not weaken the yen. Policymakers are concerned about the yen’s weakness and its impact on the cost of living. Japan is intervening more in the FX market with short-lived results. Today’s USD/JPY forecast is bearish as the yen strengthens after Japan’s intervention to … Continued


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