- Analytics
- News and Tools
- Market News
- USD/JPY: Yen to suffer further weakness in the short term – Nordea
USD/JPY: Yen to suffer further weakness in the short term – Nordea
The Yen has gone from bad to worse with USD/JPY trading around 150. Economists at Nordea analyze the pair’s outlook.
BoJ continues to disappoint
The government’s verbal intervention threats have curbed the fall of the JPY but are not sufficient to turn JPY fortunes. Even with a high likelihood of intervention, we see further Yen weakening in the short term.
We still expect that a reversal is in the cards longer term – that is more likely to occur when major central banks turn dovish rather than the BoJ turning hawkish.
USD/JPY – 3M 150 Mid-2024 145 End-2024 140 Mid-2025 130
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
