Expectations of the BoJ monetary normalization were pressing down the USDJPY in January. In February, the BoJ did not start normalizing its monetary policy, and the pair was rising. Now, investors wonder what the BoJ will do and where the yen will go. Let us discuss the Forex outlook and make up a trading plan.
Weekly yen fundamental forecast
If Haruhiko Kuroda does not adjust monetary policy at his last BoJ meeting in March, he will leave a bad legacy for his successor. Kazuo Ueda will have to normalize the BoJ policy. It will face strong market pressure for change.... Read full author’s opinion and review in blog of #LiteFinance
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