USD/JPY Outlook: Dollar Tumbles Following Downbeat GDP

The US economy grew at an annual rate of 1.3% in Q1, down from 1.6%.  Investors are gearing up for the US core PCE price index. There was an increase in core consumer inflation in Tokyo. The USD/JPY outlook shows a slight bearish tilt as the dollar declines after weaker-than-expected GDP data and ahead of...


The post USD/JPY Outlook: Dollar Tumbles Following Downbeat GDP appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/31/usd-jpy-outlook-dollar-tumbles-following-downbeat-gdp/?utm_source=dlvr.it&utm_medium=blogger