USD/JPY was very trendy in recent years, initially following a strong bullish trend that sent it around 40 cents higher in 2022, until the situation r
USD/JPY was very trendy in recent years, initially following a strong bullish trend that sent it around 40 cents higher in 2022, until the situation reversed in October, with the USD starting a bearish trend on softer FED rhetoric. Markets also had hopes for a policy change from the Bank of Japan, (BOJ), although, after a minor move, the BOJ seems to be keeping still, which is bearish for the JPY and bullish for this pair.
USD/JPY
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