USD/JPY Outlook: Japan’s Declining PMI to Support Bids

Japan’s industrial activity decreased for a third consecutive month. Many still anticipate a hawkish turn this year from the BOJ. The yen’s depreciation era is quickly coming to an end. Today’s USD/JPY outlook is slightly bullish. A company survey released Tuesday showed Japan’s industrial activity decreased for a third consecutive month in January as export … The post USD/JPY Outlook: Japan’s Declining PMI to Support Bids appeared first on Forex Crunch.

USD/JPY Outlook: Japan’s Declining PMI to Support
Bids

Japan’s industrial activity decreased for a third consecutive month. Many still anticipate a hawkish turn this year from the BOJ. The yen’s depreciation era is quickly coming to an end. Today’s USD/JPY outlook is slightly bullish. A company survey released Tuesday showed Japan’s industrial activity decreased for a third consecutive month in January as export …

The post USD/JPY Outlook: Japan’s Declining PMI to Support Bids appeared first on Forex Crunch.