USD/JPY: TOKYO AUTHORITIES KEEPING THEIR POWDER DRY, FX INTERVENTION MAY NOT BE IMMINENT – ING

avatar
· 阅读量 118



USD/JPY is now comfortably trading in the 145-150 FX intervention zone. Economists at ING analyze the pair’s outlook.


A larger trigger for a JPY rally would probably be some kind of sharp risk asset correction

It seems that Tokyo authorities are keeping their powder dry for the time being, not wanting to fight the US Treasury-yield driven rise in USD/JPY.


FX intervention may not be imminent and a larger trigger for a JPY rally would probably be some kind of sharp risk asset correction perhaps driven by those surging US Treasury yields

风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0
暂无评论。 来发表第一条观点吧。

  • tradingContest