Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
14 October 2022 | Other

Currency traders expect a short-term rise in strength and a long-term weakness of yen

USDJPY

The minimum interest rate policy keeps Japan's currency falling, but Bank of Japan executive Haruhiko Kuroda is not about to change it. Current cost inflation is unstable, so Kuroda repeated his promise to support the economy. In addition, price growth is expected to fall further below target next year.

According to him, considering the most appropriate monetary policy and interest rates for the economy and inflation, there is no need to increase the rate, it is not appropriate.

This is an indicator that a reversal of the yen's downtrend to the dollar is not expected, even if any movement slows down, resulting from the risk of further intervention.

Company MarketCheese

Recommended

Japan. Retail Sales (YoY). The value of the indicator has increased from -1.1% to 0.5%
30 October
Japan. Unemployment Rate. The value of the indicator remained at the same level of 2.6%
30 October
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.5%
30 October
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4.25% to 4%
29 October
United States. Atlanta Fed GDPNow. The value of the indicator remained at the same level of 3.9%
27 October
Top news
European Union. CPI (MoM). The value of the indicator has increased from 0.1% to 0.2%
Yesterday at 10:00 AM
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
30 October
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
30 October
European Union. GDP (QoQ). The value of the indicator has increased from 0.1% to 0.2%
30 October
European Union. Unemployment Rate. The value of the indicator remained at the same level of 6.3%
30 October
All news

Forecasts

Silver sell
Period: 07.11.2025 Expectation: 2100 pips
Silver set to resume downtrend after correction
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 09:17 AM 11
Lyra_Moonwell1
S&P 500 buy
Period: 07.11.2025 Expectation: 1000 pips
S&P 500 builds support before resuming growth
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 09:17 AM 16
Emily_Foster
Brent sell
Period: 07.11.2025 Expectation: 250 pips
Brent crude is heading downward ahead of OPEC meeting
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
31 October 2025 36
Emily_Foster
AUDCAD buy
Period: 07.11.2025 Expectation: 750 pips
AUDCAD primed to test technical resistance one more time
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
31 October 2025 23
Lyra_Moonwell1
Natural gas buy
Period: 06.11.2025 Expectation: 250 pips
Invest in natural gas to capture $3.500 in growth amid soaring demand
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
30 October 2025 79
Lyra_Moonwell1
GBPUSD buy
Period: 30.11.2025 Expectation: 6400 pips
Buying GBPUSD amid stronger UK economic data
FA Other Chart analysis
30 October 2025 50
McCarthy_Raymond
Go to forecasts