USD/JPY Daily Forecast: Will Japan’s Q2 GDP Support a Drop Below 146?
==========
Japan's Q2 GDP is expected to grow by 0.5%, reversing a Q1 contraction; private consumption trends will be crucial. The Bank of Japan downplays rate hikes to stabilize markets; Yen carry trade and global volatility remain key concerns. US economic data, particularly jobless claims, may shift Fed policy, impacting USD/JPY, potentially below 145.
#Usd/jpy #Japan'sQ2Gdp #BankOfJapan #YenCarryTrade #GlobalVolatility #UsEconomicData #JoblessClaims #FedPolicy
https://www.fxempire.com/forecasts/article/usd-jpy-daily-forecast-will-japans-q2-gdp-support-a-drop-below-146-1453834
FX Empire /
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2024-08-15 01:21:36
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wss://relay.damus.ioPublished at
2024-08-15 01:21:36Event JSON
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"content": "USD/JPY Daily Forecast: Will Japan’s Q2 GDP Support a Drop Below 146?\n==========\n\nJapan's Q2 GDP is expected to grow by 0.5%, reversing a Q1 contraction; private consumption trends will be crucial. The Bank of Japan downplays rate hikes to stabilize markets; Yen carry trade and global volatility remain key concerns. US economic data, particularly jobless claims, may shift Fed policy, impacting USD/JPY, potentially below 145.\n\n#Usd/jpy #Japan'sQ2Gdp #BankOfJapan #YenCarryTrade #GlobalVolatility #UsEconomicData #JoblessClaims #FedPolicy\n\nhttps://www.fxempire.com/forecasts/article/usd-jpy-daily-forecast-will-japans-q2-gdp-support-a-drop-below-146-1453834",
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