USD/JPY Price Analysis: Yen Rallies Amid Potential BoJ Rate Hike
Data revealed solid wage growth in Japan in December. Market participants are pricing 30-bps of BoJ rate hikes by the end of this year. The yen strengthened due to safe-haven demand amid fears of a trade war between the US and China. The USD/JPY price analysis shows a strong yen with rising expectations for Bank... The post USD/JPY Price Analysis: Yen Rallies Amid Potential BoJ Rate Hike appeared first on Forex Crunch.
Data revealed solid wage growth in Japan in December. Market participants are pricing 30-bps of BoJ rate hikes by the end of this year. The yen strengthened due to safe-haven demand amid fears of a trade war between the US and China. The USD/JPY price analysis shows a strong yen with rising expectations for Bank...
The post USD/JPY Price Analysis: Yen Rallies Amid Potential BoJ Rate Hike appeared first on Forex Crunch.
