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Back Fundamental analysis
USD/JPY set to grow
The US dollar is maintaining its dominant
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The US dollar is maintaining its dominant position against the Japanese yen. Previously, many economists and investors were expecting possible changes in the Bank of Japan's monetary policy in the near future, but they had to moderate those expectations in light of today's speech by Seiji Adachi, a board member of the Bank of Japan. Adachi emphasized the need for a gradual approach to raising the key interest rate, which cemented the market's belief that the authorities won't make policy changes at their upcoming meeting this month. "In
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Jakub Novak,
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