USD/JPY Forecast: BoJ Speech and Consumer Confidence to Influence Yen Outlook
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#e140b6a8 ver:0.6
The USD/JPY pair is influenced by factors such as U.S. and euro zone inflation data, consumer confidence, and central bank monetary policies. The U.S. dollar rebounded on rising Treasury yields, while the Japanese yen faced pressure from falling inflation rates. Business activity in Japan is expanding, but inflationary pressures remain moderate. The Bank of Japan is closely monitoring data and may focus on service sector activity and demand-driven inflation. The upcoming U.S. core PCE price index report will be a key focus for markets. Overall, the USD/JPY pair is driven by economic indicators and monetary policy outlooks. #USDJPY #inflation #monetarypolicy...
#newstr #Usd/jpy #BankOfJapan #ConsumerConfidence #Fomc #InterestRates
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