- Analytics
- News and Tools
- Market News
- EUR/JPY can stay stronger for longer unless some financial crisis emerges – ING
EUR/JPY can stay stronger for longer unless some financial crisis emerges – ING
EUR/JPY has pushed back up to 150. Economists at ING analyze the pair’s outlook.
Some independent BoJ tightening would be the bearish game changer
Any signs of US disinflation would allow risk assets to stay bid for longer, keeping EUR/JPY bid.
For the ECB, we and the market look for two more 25 bps hikes (June and July) taking the deposit rate to 3.75%. Our team also looks for the first ECB cut in 2Q24.
Unless some financial crisis emerges, it now looks like EUR/JPY can stay stronger for longer. Alternatively, some independent BoJ tightening would have to be the bearish game changer here.
© 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.
Bank transfers
