Economists at Rabobank share their USD/JPY forecasts for the coming months.
“While technically it is possible that the BoJ could be tightening policy when the Fed is easing, we would consider the odds of this scenario to be very small. If the BoJ cannot find the justification to adjust YCC this summer, it may find that the boat has sailed. Japan’s April CPI release could thus be instrumental in deciding whether July is in play for a policy adjustment or not.”
“We currently forecast USD/JPY at 135 in 3 months and 128 in 12 months. These forecasts assume a change in YCC this cycle.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.