USD/JPY Outlook: Yen Weakens After BoJ Intervention
USDJPY outlook turned bullish after Japanese bond market intervention and easing U.S.-EU trade tensions lifted the pair. A bullish reversal pattern formed, hinting at a short-term bottom, but the broader trend remains bearish. Market focus now turns to U.S. data for further dollar strength and to Japanese yields for signs of renewed yen support. The... The post USD/JPY Outlook: Yen Weakens After BoJ Intervention appeared first on Forex Crunch.
USDJPY outlook turned bullish after Japanese bond market intervention and easing U.S.-EU trade tensions lifted the pair. A bullish reversal pattern formed, hinting at a short-term bottom, but the broader trend remains bearish. Market focus now turns to U.S. data for further dollar strength and to Japanese yields for signs of renewed yen support. The...
The post USD/JPY Outlook: Yen Weakens After BoJ Intervention appeared first on Forex Crunch.
