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USD/JPY Forecast: Yen Vulnerable After Japan Elections
The yen collapsed to a three-month low after Japan’s election. Japan’s ruling Liberal Democratic Party won only 215 seats. The likelihood of a Trump win in the November election has boosted the greenback. The USD/JPY forecast shows lower expectations for BoJ rate hikes after Japan’s election, which has left the yen fragile. At the same...
USD/JPY Weekly Forecast: Fed-BoJ Divergence Triggers Buying
US jobless claims fell more than expected, indicating solid demand for labor. US PMI data showed growth in the manufacturing and services sectors. Tokyo CPI numbers showed inflation easing below the central bank’s 2% target. The USD/JPY weekly forecast supports further upside as markets anticipate a gradual Fed rate-cutting cycle and a less hawkish BoJ....
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
