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Tuesday, January 9, 2024

USD/JPY: Yen changes the rules of the game

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Earthquakes on the Noto Peninsula on New Year's and a strong report on American employment have caused the Japanese yen to mark its worst weekly performance against the U.S. dollar in the last 16 months. However, the reduction in the BoJ's asset purchases under its quantitative easing program has allowed USD/JPY bears to recover and heal their wounds. The market still anticipates the Bank of Japan's exit from ultra-loose monetary policy. Will it happen?The break in the upward long-term trend

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Pentru mai multe detalii, va invitam sa vizitati stirea originala.

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