11 Feb 2015
US yields to keep guiding USD/JPY – OCBC
FXStreet (Barcelona) - According to Emmanuel Ng, of OCBC Bank, the USD/JPY will remain driven by US yields and the Fed rate hike expectations in the near-term.
Key Quotes
“Expect the pair to remain guided by US yields and static surrounding the Fed “liftoff” in the near term with the pair now expected to circulate in a firmer 118.80-120.00 if risk appetite levels remain at manageable levels.”
Key Quotes
“Expect the pair to remain guided by US yields and static surrounding the Fed “liftoff” in the near term with the pair now expected to circulate in a firmer 118.80-120.00 if risk appetite levels remain at manageable levels.”