USD/JPY Forecast: Mild Selling Bias Amid Hawkish BoJ, Weaker Dollar – Forex Crunch
The USD/JPY forecast tilts to the downside as BoJ-Fed divergence favors yen. Risk-off sentiment strengthens yen but limits gains amid dollar’s own haven appeal. Today’s US ADP jobs report is crucial to watch, along with the US ISM PMI and JOLTS data. The USD/JPY remains under mild pressure as the Japanese yen continues to find…