USDJPY trend forecast March 5, 2025
💬Bank of Japan (BoJ) Deputy Governor Shinichi Uchida stated on Wednesday that "if economic forecasts are met, the Bank will take further policy adjustments."
Additional comments:
If projections are realized, the BoJ will make further policy adjustments.
The Bank can proceed with rate hikes at a pace aligned with expectations while assessing the impact on economic activity.
Currently, the BoJ is uncertain about the exact interest rate level that would be neutral for economic activity and inflation.
As the Bank raises the policy rate, it will carefully evaluate the response of both economic activity and inflation.
💬 Dollar growth, Trump's tax policy strength begins. USDJPY continues to rise today
🥇/// BUY USDJPY: zone 149.550 - 149.350
SL: 149.000
TP: 40 - 60 - 150pips ( 150.850 )
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