Yen shocked the market. Forecast as of 01.05.2023
The Bank of Japan did nothing under the new governor, and this disappointed Forex traders so much that the yen has dropped against the euro to its lowest level since 2008 and against the franc — to the lowest point since 1979. Will the USDJPY rally continue, or is the pair close to the ceiling? Let us discuss the Forex outlook and make up a trading plan.
Weekly yen fundamental forecast
The market is usually shocked when a central bank does something unexpected. This was the case in September and October when the BoJ went on foreign exchange interventions. This... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/44eDwAL
