From Google News: 2024-09-15 16:25:37

The USD/JPY forecast is cautioning traders to be mindful of the yield gap ahead of conflicting interest rate decisions by the Federal Reserve and the Bank of Japan. The outcome could impact the foreign exchange market significantly.

The Federal Reserve is expected to raise the interest rate while the Bank of Japan is anticipated to maintain its current monetary policy. The divergence in interest rate decisions could lead to increased volatility in the USD/JPY currency pair.

Traders are advised to closely monitor the decisions made by the Federal Reserve and the Bank of Japan as well as any statements issued by policymakers. These factors will play a crucial role in determining the direction of the USD/JPY exchange rate in the near future.



Read more at Google News: USD/JPY forecast: Mind the (yield) gap as Fed, BOJ interest rate decisions collide – FOREX.com US