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Back Fundamental analysis
USD/JPY. Analysis and Forecast
USD/JPY is consolidating its recent losses
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USD/JPY is consolidating its recent losses near a more than one-year low, reached on Monday.This was the lowest level since July 2023. It is likely that traders preferred to wait for the results of central bank events, which will be released this week, before positioning themselves for the next stage of directional movement. The U.S. Federal Reserve will announce its decision at the end of a two-day meeting on Wednesday, followed by an update on monetary policy from the Bank
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Irina Yanina,
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