Bullish USD/JPY Outlook Mired by Dovish Fed, Wait-and-See BoJ

The diverging paths for monetary policy fosters a long-term bullish outlook for USD/JPY, but the Federal Reserve’s and the Bank of Japan’s (BoJ) wait-and-see approach may continue to drag on the exchange rate especially as Janet Yellen and Co. look to further delay their normalization cycle.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/03/26/Bullish-USDJPY-Outlook-Mired-by-Dovish-Fed-Wait-and-See-BoJ.html?DFXfeeds=forex:fundamental:article:special_report