Explore eFXplus Derived Data That Drive Results
A Data Partner of:
May 22 - 06:55 AM

USD/JPY - Under Current Conditions USD/JPY Could Easily Reach 183

By Jeremy Boulton  —  May 22 - 04:55 AM
  • USD/JPY remain weak as a consequence of the 1985 Plaza Accord

  • To correct it's long-term drop USD/JPY must reach 183

  • The target for a minor correction of 1971-2011 USD/JPY drop is 183.22

  • U.S. interest rate is no longer seen falling far nor to be trimmed soon

  • The yen's plunge to a record low in April eases monetary policy

  • BOJ is still buying huge quantities of bonds - easing policy

  • If oil continues to fall it would support yen, but also depress CPI

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved