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USD/JPY Weekly Forecast: Bears Dominating After BoJ Surprise

Started by forex4you, Dec 29, 2022, 12:31 pm

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Dec 29, 2022, 12:31 pm
USD/JPY Weekly Forecast: Bears Dominating After BoJ Surprise

The BOJ surprised the markets by adjusting its yield control. Japan’s core consumer inflation reached a new four-decade high. Japan’s core consumer price index (CPI) increased by 3.7% from a year earlier in November. The USD/JPY weekly forecast is bearish as investors expect more changes from the BoJ in 2023. However, the market may correct … Continued


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