- Analytics
- News and Tools
- Market News
- USD/JPY: One-month forecast revised up to 148.00 – Rabobank
USD/JPY: One-month forecast revised up to 148.00 – Rabobank
Economists at Rabobank analyze USD/JPY outlook ahead of Japan’s December Consumer Price Index (CPI) inflation data.
Selling pressure on JPY if CPI report confirms that inflation in Japan has peaked
Further confirmation that CPI inflation in Japan has peaked would likely add to the selling pressure on the JPY in the near-term.
Given our view that the market will continue to unwind optimism regarding the pace of Fed rate cuts this year, we expect further broad-based gains for the USD on a 1-to-3-month view.
We have revised up our one-month USD/JPY forecast to 148.00 from a previous forecast of 144.00.
© 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
