USD/JPY Forecast August 3-7 – Yen Pushes Close To 104 Level
August 02, 2020 at 15:04 PM EDT
Dollar/yen slipped close to the 104 line during the week, but managed to recover on Friday. On the fundamental front, Japan’s GDP is expected to fall for a third quarter, with a forecast of -0.7%. Analysts are braced for poor spending data for June.