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Week Ahead: USDJPY braced for central bank showdown
Brace yourself! Major central bank decisions could spark fresh trading opportunities across FX markets.
Our focus falls on the Yen which is expected to be the most volatile G10 currency versus the USD over the next one-week!
“Cable” briefly breached 1.330 after the Bank of England kept its rate unchanged at 5%. Moving forward, GBPUSD’s performance will be majorly influenced by the BOE’s policy outlook relative to the Fed, and is forecasted to trade between 1.2721 - 1.3776 through end-2024.
Brace yourself! Major central bank decisions could spark fresh trading opportunities across FX markets.
Our focus falls on the Yen which is expected...