For a long time, markets saw Haruhiko Kuroda’s retirement as a signal of a soon monetary tightening start. What happens if the BoJ governor becomes even more dovish than before? What will happen to the USDJPY? Let’s discuss the Forex outlook, and then we can make a trading plan.
Weekly fundamental forecast for yen
The same thing that happened twice is sure to happen again. The Japanese Ministry of Finance reported ¥6.35 trillion worth of foreign exchange interventions, equivalent to $48 billion, in October, said they had paid off and did not rule out a repeat in the future. In total, the central bank, working closely with… Read full author’s opinion and review in blog of #LiteFinance
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