Yen asks BoJ to surrender. Forecast as of 09.01.2023
Despite statements that there won’t be any fundamental change in monetary policy, investors do not believe BoJ. It has already made adjustments to the yield curve control policy. What about the USDJPY? Let's talk about this topic and make up a trading plan. Weekly yen fundamental forecast The longer one delays making an important decision, the worse the consequences. The BoJ took a step by widening its 10-year bond yield target range from +/-0.25% to +/-0.5% and the derivatives market expects it to go on. The BoJ should continue normalizing monetary policy. Futures signal another half-a-point widening of the trading... Read full author’s opinion and review in blog of #LiteFinance
Despite statements that there won’t be any fundamental change in monetary policy, investors do not believe BoJ. It has already made adjustments to the yield curve control policy. What about the USDJPY? Let's talk about this topic and make up a trading plan.
Weekly yen fundamental forecast
The longer one delays making an important decision, the worse the consequences. The BoJ took a step by widening its 10-year bond yield target range from +/-0.25% to +/-0.5% and the derivatives market expects it to go on. The BoJ should continue normalizing monetary policy. Futures signal another half-a-point widening of the trading... Read full author’s opinion and review in blog of #LiteFinance
