Yen relies on carry trade. Forecast as of 04.03.2024

When the topic of divergence in Fed-BoJ monetary policy loses its relevance, traders should closely monitor carry trades, stock indexes and volatility. Let us discuss the Forex outlook and make up a trading plan for USDJPY. Weekly Japanese yen fundamental forecast The statements of official Tokyo and the views of financial markets sound the same, but the meaning is different and often opposite. Japanese Deputy Finance Minister Masato Kanda said that the government is not satisfied with the high volatility of the yen, and it is ready to intervene at any time. However, increased volatility is exactly what the USDJPY bears... Read full author’s opinion and review in blog of #LiteFinance