Home / Author Archives: JPY Editor

Author Archives: JPY Editor

USD/JPY struggles to clear 200-DMA hurdle

• Markit manufacturing PMI hits 7-month low and does little to ease USD bearish pressure. • Mixed US equities underpin JPY’s safe-haven appeal and add to the downward pressure. • Resurgent US bond yields help limit downside, at least for ...

Read More »

JPY: Weaker In The Medium Term

Japanese fiscal targets rely on low interest rate policy. Rising interest rate differential will be reflected in JPY depreciation versus USD and EUR in the medium term. The BoJ’s long-term expansionary monetary policy is pointing towards a weaker yen … ...

Read More »