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Back Fundamental analysis
The Bank of Japan Won't Help the Yen
It is difficult to fight the
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It is difficult to fight the USD/JPY rally if it is driven by dollar strength amid the conflict in the Middle East. However, growing investor confidence in reaching a peace agreement has deprived the greenback of its main advantage. Nevertheless, the Japanese government is now facing another problem—a weak yen. Like the U.S. currency, it is considered a safe-haven asset. At the same time, the rally in the S&P 500 and the BoJ's reluctance to raise rates are pushing the
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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