USD/JPY to move into the low 120.00’s this year – MUFG USDJPY Banks Japan
Favourable outcome for spring wage negotiations needed to trigger a stronger JPY rally
“The Yen is currently lacking a fresh catalyst to trigger further gains although we still expect USD/JPY to move into the low 120.00’s this year.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY: 120 looks like the target this year – INGIn the view of economists at ING, USD/JPY should continue to fall throughout the year. They target 120. The BoJ is back on the map “The Bank of Japan
Read more »
USD/JPY bulls capped on the opening gap, bulls remain in controlUSD/JPY is correcting the opening gap rally that hit a high of 132.47 and is now back to 131.70 at the time of writing. Outstanding results in the US
Read more »
USD/JPY Price Analysis: Renews three-week high but 50-DMA probes bullsUSD/JPY remains firmer as buyers keep the reins at the highest levels in three weeks during early Monday. In doing so, the Yen pair also justifies the
Read more »
USD/JPY eases from multi-week top, bullish potential intact amid post-NFP USD strengthThe USD/JPY pair struggles to capitalize on its modest bullish gap opening and retreats a few pips from over a three-week high touched earlier this Mo
Read more »
USD/JPY: The ingredients are in place for a renewed move lower – HSBCA focus on Bank of Japan (BoJ) succession and prospective policy changes could see renewed JPY strength, according to economists at HSBC. Improving cu
Read more »
USD/JPY: Markets should believe governments' denials of Aminaya’s nomination – CommerzbankIn addition to the general USD strength, the Yen got a good battering this morning. The reasons were rumors that Masayoshi Amamiya would become the ne
Read more »