• USD/JPY could drop to 130 again with YCC adjustment – SocGen

Noticias del mercado

2 junio 2023

USD/JPY could drop to 130 again with YCC adjustment – SocGen

According to SG’s FX team, the USD/JPY could drop to 130 again.

Yen should appreciate when money returns to Japan

If the BoJ adjusts its Yield Curve Control (YCC) range at its June policy meeting as we expect, the USD/JPY could drop to around 130 again as the JGB yield rises. 

Moreover, as a rule, the unwinding of foreign assets is bullish for the Yen. Net inflows into long-term bonds typically fuel Yen appreciation. We also think the USD/JPY could drop to 110 after 2025.

 

Enfoque del mercado
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
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: