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2024-08-04 10:25:16

FX Empire on Nostr: USD/JPY Weekly Forecast: Bearish Outlook on US Data and Hawkish BoJ Stance ========== ...

USD/JPY Weekly Forecast: Bearish Outlook on US Data and Hawkish BoJ Stance
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The USD/JPY tumbled 4.72% to 146.472 last week on BoJ and Fed monetary policy; Wage growth and household spending figures from Japan may boost demand for the Yen; US service sector PMI and jobless claims data could support investor bets on multiple 2024 Fed rate cuts; The Bank of Japan will release its Summary of Opinions on Thursday, August 8; Experts trade the markets with tastyfx; Alicia Garcia Herrero commented on the Bank of Japan’s monetary policy decision, stating...

#Usd/jpy #Boj #Fed #MonetaryPolicy #WageGrowth #HouseholdSpending #ServiceSectorPmi #JoblessClaims #SummaryOfOpinions

https://www.fxempire.com/forecasts/article/usd-jpy-weekly-forecast-bearish-outlook-on-us-data-and-hawkish-boj-stance-1450934
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