The turn lower in USD/JPY and EUR/JPY is closer now – SocGen

Notícias do Mercado

9 novembro 2023

The turn lower in USD/JPY and EUR/JPY is closer now – SocGen

Kit Juckes, Global FX Strategist at Société Générale, finds the Yen’s valuation interesting.

EUR/USD is going to crawl higher at best in the near term

If US yields have peaked and Japan’s economy is recovering, the Yen is much too cheap, even if it takes until 2024 for the BoJ to make any further policy changes.

The Yen will doubtless frustrate for a while longer, but the turn lower in USD/JPY and EUR/JPY is closer now. EUR/USD on the other hand, is going to crawl higher at best in the near term, and the same can be said of GBP/USD.

US Dollar mixed as more Fed speakers are set to make comments

Reactions in USD due to comments by Fed members are possible, but really only by a few pips – Commerzbank

O foco de 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 Conta Demo e Página Pessoal

Área pessoal

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.

Política de privacidade