2023 Japanese Yen Forecast: USD/JPY Bulls Under Siege From Shocking FX Intervention!

JPY

In 2023, the USD/JPY currency pair has been on an impressive bullish run, gaining more than 14% since the start of the year. This remarkable ascent has been primarily fueled by soaring U.S. Treasury yields, driven by a hawkish Federal Reserve policy stance. However, the recent price action has shown signs of volatility, raising questions … Read more