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MUFG's 4 reasons every BOJ meeting is live for a surprise, & forecast USD/JPY drop to 130
Analysts at Mitsubishi UFJ Financial Group Inc.'s (MUFG) are not expecting the yen weakness we've been seeing to carry on:Yen ... looks over-extended to the downside Their forecasts for USD/JPY out for the next 12 months:Q3 2023 136.00 Q4 2023 134.00 Q1 2024 132.00 Q2 2024 130.00 MUFG outline 4 reasons for the BOJ to pivot, saying Japan's equity market outperformancepositive inflation in land and property prices high and sustained household inflation expectationsunderlying inflation at a level n...
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Posted: Jul 5 2023, 22:02
Author Name: forexlive
Views: 080996