U.S. Dollar rate prediction for October: USD heads for best week in year. What to expect?

"The increase in dollar/yen has been quite relentless, and it seems like nothing can stop it from rallying," said Carol Kong, a currency strategist at Commonwealth Bank of Australia."In the near term, the confirmation of Takaichi as PM and the upcoming October BOJ meeting might be the next catalyst for further weakness in the Japanese yen, especially if Takaichi reinforces her dovish views on fiscal and monetary policy, and the BOJ signals that it may not raise interest rates in the near term," Kong stated ...