USDJPY in Free Fall: Will the Pair Reach 147.00?

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The US Federal Reserve is expected to continue raising interest rates in 2023. This will make the US dollar more attractive to investors, which could lead to further weakness in the USDJPY.
The Bank of Japan is expected to keep interest rates low in 2023. This will make the Japanese yen less attractive to investors, which could also lead to further weakness in the USDJPY.
The global economy is slowing down. This could lead to a decrease in demand for risk assets, which could also lead to further weakness in the USDJPY.

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