Japanese Yen Outlook for Q3: Monitoring Factors that Could Lead to Continued Depreciation

Sunday, 7 July 2024, 23:00

The Japanese yen faces downward pressure in Q3, with the possibility of further decline unless there is a revival in expectations of US interest rate cuts. The currency's vulnerable position and extreme depreciation levels raise concerns of potential direct FX intervention by Japanese authorities. Traders and investors are advised to closely watch US monetary policy developments for potential impact on the yen's trajectory in the coming quarter.

Dailyfx — Japanese Yen Outlook for Q3: Monitoring Factors that Could Lead to Continued Depreciation

Japanese Yen Q3 Forecast

Potential Decline Unless US Rate-Cut Expectations Resurface

The yen faces downward pressure in Q3
vulnerable position and extreme depreciation levels
Concerns of direct FX intervention by Japanese authorities
Impact of US monetary policy on yen trajectory

Traders and investors advised to monitor closely for potential outcomes in the coming quarter.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Japanese Yen Q3 Forecast

Potential Decline Unless US Rate-Cut Expectations Resurface

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