RSS Yen Trades Flat Amid Mixed Sentiment. Forecast as of 09.12.2024

Currently reading:
 RSS Yen Trades Flat Amid Mixed Sentiment. Forecast as of 09.12.2024

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,232
Likes
1,917
Credits
32,799©
Cash
0$
The press and Bank of Japan officials are uncertain whether the regulator should raise rates in December. The data indicates that the normalization cycle will continue. What will happen, and how will it affect the USDJPY pair? Let's discuss this topic and make a trading plan. Major Takeaways The BoJ doubts the sustainability of inflation. Japan's GDP and wages force the BoJ to raise the overnight rate. Capital outflow from Japan puts pressure on the yen. The USDJPY's rally may accelerate once the resistance level of 150.8 is breached. Weekly Fundamental Forecast for Yen The behavior of markets is influenced by... Read full author’s opinion and review in blog of #LiteFinance
 
Status
Not open for further replies.
Tips

Similar threads

Top Bottom