USD/JPY Forecast May 18-22 - Japan Likely In Recession; Will Yen Slide?
May 17, 2020 at 16:11 PM EDT
Dollar/yen had an uneventful week, but the pair managed to eke out a small gain for the first time in six weeks. Investors will be keeping an eye on Japan’s GDP for Q1, which is projected to decline by 1.1%. GDP in the fourth quarter fell by 1.6%.
