USD/JPY: 110 is seen as a short-term ceiling - Danske Bank

Market news

15 May 2020

USD/JPY: 110 is seen as a short-term ceiling - Danske Bank

FXStreet reports that according to analysts at Danske Bank, the second half of 2020 continues to be the time when USD/JPY could move slightly higher.

“We continue to expect 112 in 6M and 12M, which still reflects our view of a strong USD.”

“Near-term, we see USD/JPY as trading in the 107-110 range.”

Company News: Applied Materials (AMAT) quarterly results match analysts' estimates

Company News: JD.com (JD) quarterly earnings miss analysts’ forecast

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.