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ANZ forecast that USD/JPY is more likely to reach 150 than 140 in the coming month

This summary of an ANZ note is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. ANZ analysts forecast that USD/JPY is more inclined to reach the 150 level rather than descending to 140 in the upcoming month. While the weaker employment data may initially provide some relief to the JPY, the longer-term trajectory leans towards a stronger USD. ANZ suggests that if the... Read More

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Posted: Aug 30 2023, 22:04

Author Name: forexlive

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