USDJPY bears still asleep. Forecast as of 10.06.2024

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Neither expectations of a reduction in quantitative easing (QE) nor rising Japanese bond yields are helping USDJPY bears. Their rivals are encouraged by the fact that the US economy is still strong and the rate differential remains wide. Let’s talk about this topic and make a trading plan.

Weekly fundamental forecast for Japanese yen

Do not believe the words; believe the deeds. The Japanese yen is doing just the opposite. Neither a rise in wages at the fastest pace since 1994, nor a rise in government bond yields to the highest level since 2011, nor the median forecast of Reuters… Read full author’s opinion and review in blog of #LiteFinance

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