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Mizuho forecasts USD/JPY as high as 155 in Q1 2024

Via Bloomberg comes remarks from Mizuho Americas on USD/JPY, looking for it trade as high as 155 in the first quarter of next year.Citing ongoing very loose monetary policy from the Bank of Japan. Given this USD/JPY won't move lower until their is a shift from other DM central banks and the US dollar weakens. "The biggest issue for Japanese authorities is to find out when the Fed is done" "You have higher-than-expected US growth, and you have a Fed that you don't know whether is done hiking. Al... Read More

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Mizuho

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Usd

Jpy

High

2024

Usd jpy

Forex

Posted: Oct 12 2023, 02:05

Author Name: forexlive

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