
USD/JPY Forecast: Bearish Trend Persists Before Crucial Data Releases from the US and Japan
USD/JPY Outlook: Negative Turn as BoJ Hikes Rates and Yield Spread Narrows In recent weeks, the USD/JPY outlook has taken a bearish turn due to several key factors. The primary driver of this shift has been the expectation that the Bank of Japan (BoJ) will continue raising interest rates. This anticipation comes in the wake…