Yen Depends on Fed Actions. Forecast as of 23.09.2024

What information did the Bank of Japan wish to withhold from the public at its September meeting? Was it the extent to which policy is a factor? Despite the acceleration of inflation, the Bank of Japan has indicated its intention to proceed with caution, which presents challenges for the yen. Let's discuss this topic and make a trading plan for the USDJPY pair.Highlights and key points The Bank of Japan is eyeing the Fed and the US economy. Slow rate hikes are putting pressure on the yen. The el