USD/JPY: Weaker Yen momentum is set to fade – MUFG USDJPY Banks
e sustained while the scale of the drop in US yields still points to downside USD/JPY risks, economists at MUFG Bank report.“The scale of foreign bond buying in recent weeks ahead of the end of the fiscal year is unlikely to be sustained going forward and hence one feature of support formay fade as we move into April. Even if the macro backdrop favours buying it will unlikely be on the same scale.
“US yields could still grind higher from here but USD/JPY has already jumped by more than implied by short-term yields and hence the influence on lifting USD/JPY further from here is likely to diminish.”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.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/JPY: Local factors should support the Yen later in the year – HSBCThe JPY is back as the “safe haven” of choice, as recent “risk off” periods have been associated with falling US yields. If banking-related anxiety do
Leer más »
Pairs in Focus This Week \u2013 EUR/USD, GBP/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of April 2nd, 2022 here.
Leer más »
USD/JPY Bears step in to close the opening gapUSD/JPY is higher by some 0.2% which has rallied from a low of 132.98 to a high of 133.38 so far. The pair has jumped into last week´s resistance alth
Leer más »
USD/JPY marches to 133.50 as yields, US Dollar recover ahead of NFPUSD/JPY takes the bids to refresh intraday high near 133.50 as bulls keep the reins after witnessing the first weekly gain in five. The Yen pair’s lat
Leer más »
USD/JPY: A visit to 134.00 remains on the cards – UOBFurther upside in USD/JPY is still expected to retake the 134.00 region in the short-term horizon, note Markets Strategist Quek Ser Leang and Senior F
Leer más »
USD/JPY Price Analysis: Hangs near daily low, just below 133.00 amid modest USD weaknessThe USD/JPY pair attracts some sellers after touching over a two-week high on Monday and trades just below the 133.00 round-figure mark during the ear
Leer más »