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

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

Updated: 15 May. 2020 | 11:22

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

Key quotes

“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.”

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