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USD/JPY Forecast: BoJ to Sustain Policy Tightening Pressure

Started by forex4you, Nov 01, 2022, 10:15 am

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USD/JPY Forecast: BoJ to Sustain Policy Tightening Pressure

The BoJ maintained its ultra-low interest rates on Friday. The BoJ intends to increase the frequency of its bond purchases starting next month. The dollar is climbing ahead of the Fed’s rate decision. Today’s USD/JPY forecast is bullish. As concerns about a global recession dim the outlook for a robust recovery, the Bank of Japan … Continued


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