USD/JPY Forecast: Yen Surges on Hawkish BoJ Remarks
Hajime Takata said there were signs the BoJ would soon achieve its 2% inflation target. The yen remains among the worst-performing G10 currencies against the dollar this month. Markets awaited the US’s core PCE price index report. In Thursday’s USD/JPY forecast, a bearish outlook prevailed as the yen surged following hawkish statements from the Bank... The post USD/JPY Forecast: Yen Surges on Hawkish BoJ Remarks appeared first on Forex Crunch.
Hajime Takata said there were signs the BoJ would soon achieve its 2% inflation target. The yen remains among the worst-performing G10 currencies against the dollar this month. Markets awaited the US’s core PCE price index report. In Thursday’s USD/JPY forecast, a bearish outlook prevailed as the yen surged following hawkish statements from the Bank...
The post USD/JPY Forecast: Yen Surges on Hawkish BoJ Remarks appeared first on Forex Crunch.
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