Flash: USD/JPY: Onwards and Upwards - TD Securities

FXstreet.com (Córdoba) - The BoJ is the only major monetary authority to outdo the Fed in terms of aggressive easing initiatives in 2013, and with the Fed set to trim stimulus through 2014, the divergence should become even more prominent, commented the TD Securities analyst team.

Key Quotes

"That should underpin even further highs in USD/JPY over the course of the next year".

"Our target for a year from now is 110, though the risk to that forecast is for an overshoot".

"At the start of 2014, 105.00/50 will be the first major hurdle".