Yen: trapped. Forecast as of 26.02.2024

While Japanese Ministry of Finance officials continue to make verbal interventions, and the BoJ insists on normalizing monetary policy, USDJPY is still growing. Let us discuss the Forex outlook and make up a trading plan. Weekly Japanese yen fundamental forecast In 2023, the financial world was closely watching the confrontation between the Fed and the markets. In 2024, the BoJ took the place of the Federal Reserve. Despite the slowdown in Japanese inflation, the BoJ insists on normalizing monetary policy. Investors agree, but this is not enough to reverse the USDJPY uptrend. Hedge funds are actively selling the yen, looking at... Read full author’s opinion and review in blog of #LiteFinance