Yen's future is not so bright. Forecast as of 01.11.2021
Divergences in economic growth and monetary policy of the Fed and the Bank of Japan are not the only drivers of USDJPY growth. The status of the safe-haven asset and the funding currency is putting pressure on the yen. Let us discuss the Forex outlook and make up a trading plan.
Monthly Japanese yen fundamental forecast
The fact that Fumio Kishida's Liberal Democratic Party, contrary to expectations, won a strong majority in the parliamentary elections did not support the USDJPY bears. As a rule, the decrease in political uncertainty plays into the hands of the national currency, but the Japanese yen was... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1JjQ
