USD/JPY

9 בדצמ׳ 2023

The USD-JPY pair's recent decline was corrected following the release of good news on the unemployment rate and the NFP report. In my opinion, the strength of the dollar against the yen is underestimated. I think that the change in Japan's interest rate policies -announced after many years- is not urgent. A correction to 147 (50% Fibonacci at DTF) is more likely in this pair.