HSBC has revised its USD/JPY forecasts downward, lowering its projections to
145 from 154 for Q1, 148 from 156 for Q2, 150 from 158 for Q3, and 154 from 160 for Q4.More:
HSBC attributes this renewed JPY optimism to several factors,
including the Bank of Japan’s rate-hike cycle appearing more sustainable and the yen emerging as a stronger safe-haven currency than the U.S. dollar amid concerns over a slowing U.S. economy. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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