Yen: patience to be rewarded. Forecast as of 15.05.2023
Although the USDJPY bulls are going ahead, the yen could also strengthen. The yen looks undervalued. The Japanese stock indexes are up as well as the demand for funding currencies. Will the dollar-yen trend turn down? Let us discuss the Forex outlook and make up a trading plan.
Weekly yen fundamental forecast
The Bank of Japan urges investors to be patient. The regulator used this word instead of"persistently", which appeared in the text of the accompanying statements following the BoJ meetings led by Haruhiko Kuroda. Thus, the new BoJ governor, Kazuo Ueda, wants to emphasize that change has begun. You... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3M6CI8B
