USDJPY might decline further | market outlook: forex trading | 12.03.2025
Dollar-yen's established downtrend might continue in the short to medium term but it might be more challenging than usual to find a good entry. USDJPY's fundamentals favour the yen quite strongly, with yields from Japanese bonds reaching their highest since 2008 at around 1.57% as the Bank of Japan still seems likely to continue tightening policy at least somewhat later this year. Volume and open interest for futures on dollar-yen have increased significantly in March so far, suggesting that the trend might continue. This week's critical release is American inflation on Wednesday: the annual headline figure is currently expected to decline from 3% to 2.9%. Trading is risky. Trade with care and keep watching our informative videos to improve your trading. Explore our better-than-market trading conditions on our website: https://bit.ly/Exness-homepage-mo #USDJPY #forextrading #marketoutlook #forex #CFDtrading #forexmajors"
Read EXNESS Broker Review March 12, 2025 at 07:12PM Exness
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