USD/JPY Outlook: Yen Soars Amid Japanese Officials’ Concerns
Officials in Japan got concerned when the USD/JPY crossed above the $150 level. Data from Japan on Thursday revealed a recession in the last part of 2024. Economists expect BoJ rate hikes to start in April. On Thursday, the USD/JPY outlook took a bearish turn after Japanese officials sounded the alarm over the yen’s recent... The post USD/JPY Outlook: Yen Soars Amid Japanese Officials’ Concerns appeared first on Forex Crunch.
Officials in Japan got concerned when the USD/JPY crossed above the $150 level. Data from Japan on Thursday revealed a recession in the last part of 2024. Economists expect BoJ rate hikes to start in April. On Thursday, the USD/JPY outlook took a bearish turn after Japanese officials sounded the alarm over the yen’s recent...
The post USD/JPY Outlook: Yen Soars Amid Japanese Officials’ Concerns appeared first on Forex Crunch.
