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USD/JPY Weekly Forecast: Yen Soars as BoJ Rate Hike Looms
The yen rallied after Shigeru Ishiba won Japan’s election. Ishiba supports the recent Bank of Japan policy moves. The dollar fell due to softer-than-expected inflation numbers. The USD/JPY weekly forecast leans South due to an increased likelihood of more rate hikes in Japan and cuts in the US. Ups and downs of USD/JPY The USD/JPY...
USD/JPY Price Analysis: Yen Gains Following Ishiba’s Victory
Japan announced a new prime minister on Friday after a tight race. Japan’s new prime minister, Ishiba, supports the current monetary policy moves. US inflation rose by 0.1%, which is smaller than the forecast of 0.2%. The USD/JPY price analysis supports further downside as the yen rallies after Japan’s former defense minister, Shigeru Ishiba, won...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
