Yen to act nobly? Forecast as of 16.01.2023
Over the past month, the yen has appreciated by 6.3% versus the US dollar and could rise higher. The USDJPY bulls are discouraged by the Bank of Japan, whose meeting in January attracts investors’ attention. Let's talk about this topic and make up a trading plan. Monthly yen fundamental forecast With its December decision to widen the target bond yield range, the Bank of Japan stepped forward to monetary normalization. It will not be possible to backstep. The losses are great, but they could be even more if BoJ had waited until the resignation of Haruhiko Kuroda. The sooner, the... Read full author’s opinion and review in blog of #LiteFinance
Over the past month, the yen has appreciated by 6.3% versus the US dollar and could rise higher. The USDJPY bulls are discouraged by the Bank of Japan, whose meeting in January attracts investors’ attention. Let's talk about this topic and make up a trading plan.
Monthly yen fundamental forecast
With its December decision to widen the target bond yield range, the Bank of Japan stepped forward to monetary normalization. It will not be possible to backstep. The losses are great, but they could be even more if BoJ had waited until the resignation of Haruhiko Kuroda. The sooner, the... Read full author’s opinion and review in blog of #LiteFinance
