This new year could see massive changes by major central banks, the crypto sector, as well as the world's second largest economy. Such shifts on the global stage could bring about outsized market reactions. Here are 3 potential opportunities that may have plenty of room to run over the course of 2024.
USDJPY tests 200-day SMA resistance after BoJ summary of opinions
USDJPY should be able to preserve its downtrend as long as markets still expect the Bank of Japan to exit its negative interest rates regime in 2024, while the Federal Reserve lowers its benchmark rates.
This new year could see massive changes by major central banks, the crypto sector, as well as the world's second largest economy. Such shifts on the g...
USDJPY should be able to preserve its downtrend as long as markets still expect the Bank of Japan to exit its negative interest rates regime in 2024, ...
USDJPY
Japanese Yen
Bank of Japan
rate hike
negative interest rates
USDJPY has been dragged below its 200-day simple moving average (SMA), down to its lowest levels since early August....
Japanese Yen
USDJPY
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