USDJPY Market Expects Overnight Rate Hike. Forecast as of 16.09.2024

The yen has undergone a notable shift in performance, emerging as a prominent market leader. Regardless of the pace at which the Bank of Japan implements monetary policy adjustments, the Fed's rate reduction has created a favorable environment for the USDJPY pair's decline. Let's discuss this topic and make a trading plan.Highlights and key points The Japanese government considers an overnight rate cut a mistake. The Bank of Japan insists on continued normalization. The Fed may return the US dol