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USD/JPY. Analysis and Forecast
The USD/JPY pair is trying to
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The USD/JPY pair is trying to attract buyers below the 158.00 round level after the revision of Japan's fourth-quarter GDP growth data. The Cabinet Office reported that the economy expanded 1.3% year-on-year in the October–December period, compared with the initial estimate of 0.2%. Quarterly figures were also revised higher to +0.3%, from the preliminary +0.1%.This strengthens speculation about possible intervention by authorities to limit further weakening of the Japanese yen. Meanwhile, U.S. President Donald Trump noted on Monday that the
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Irina Yanina,
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