The outlook for European and US markets indicates that the dollar-yen pair may struggle to gain ground. Markets are focused on the possibility of a US rate hike and the Bank of Japan's tightening stance.
A report on the outlook for European and US foreign exchange markets highlights the view that the dollar-yen pair may struggle to gain ground. It suggests that readers' interest in US interest-rate trends and the Bank of Japan's monetary policy is growing.
Specifically, it reports that while the possibility of a US rate hike is being discussed, there is also a view that the Bank of Japan will maintain its tightening stance. The focus is on the market reaction and short-term trends.