# USD/JPY: Fed policy will be the most important factor in determining the outlook for the yen – CitiBank — Octa

> Citibank says Fed policy will be the main driver of the yen outlook and expects USD/JPY to hover near 107 over the coming months. It sees downside toward 101.19-101.69 support if the November low of 103.18 breaks.

- Date: 2020-12-21 · published 2020-12-21T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/49885-usd-jpy-fed-policy-will-be-the-most-important-factor-in-determining-the-outlook
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is a currency forecast with no direct supply or demand change for feed commodities, so its impact on feed prices is limited to indirect dollar effects.

## Read by commodity

- USDJPY: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/870956/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.