Yen's sudden drop hits speculators. Forecast as of 29.04.2024

The USDJPY pair's collapse would be unlikely without Tokyo's intervention. The pair has dropped like a stone, but some speculators expect to take advantage of the intervention and open long trades. Let's discuss this topic and make a trading plan. Let's discuss the Forex outlook and make up a trading plan.Weekly fundamental forecast for Japanese yenFor several weeks, the markets have been roiled by news of currency interventions by the government and the Bank of Japan. At the end of Ap