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Jun 29 - 08:55 AM

USD/JPY - Combined Fed/BOJ Policies Could Drive USD/JPY Far Beyond 150

By Jeremy Boulton  —  Jun 29 - 07:25 AM
  • Yen has collapsed to 50-year low as a result of BOJ policy

  • USD/JPY collapsed as result of U.S. policy

  • Both U.S. and Japanese policies are now supporting USD/JPY

  • To correct losses since 1985 Plaza Accord USD/JPY must reach 147 minimum

  • To correct losses since 1971 USD/JPY must reach 183 minimum

  • Specs are severely underestimating USD's potential to rise nL1N2YG0RT




Source:
Refinitiv IFR Research/Market Commentary

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