FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank noted that while USD/JPY could go lower near-term, they maintain that there is a bullish medium-term argument.



Key Quotes:



“The BoJ is nowhere near ending its very aggressive QE programme. By contrast the Fed is expected to have drawn its asset purchases programme to a close by year end suggesting that on a relative basis, BoJ policy will appear even more extreme”.



“We expect USD/JPY to push towards the 107.00 area next spring”.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    US Dollar Risks to the Downside on a Break of these Key Levels

  2. Forex News

    USD/JPY stalls even though Treasury yields rise

  3. Forex News

    Preview for FOMC Meeting and Trade Setups for USD-pairs

  4. Forex News

    USD/JPY to recapture critical juncture

  5. Forex News

    USD/JPY points towards 124.46/69 – Commerzbank

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!