- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/JPY set to hit 147 by September – BofA
USD/JPY set to hit 147 by September – BofA
Economists at the Bank of America expect to see a high USD/JPY pair due to carry-trade.
Potential Correction in 2024
We expect the USD/JPY pair to remain high due to carry-trade, forecasting it to reach 147 by September.
We align with the consensus view that the USD/JPY may undergo a correction in 2024 due to policy convergence. We anticipate the Federal Reserve to begin cutting rates in May 2024, while the Bank of Japan (BoJ) is expected to withdraw from negative interest rate policy around mid-2024.
Despite the expected policy convergence, we warn that there is a downside risk for the Yen in 2024. The market is currently pricing in approximately a 170 bps rate cut from the Fed's peak policy rate in fall 2023 to the end of 2024. There is considerable uncertainty about whether US inflation will slow down enough to enable the Fed to start reducing rates.
If the Fed does not cut rates in 2024, the Yen’s weakness could enter a third phase. The first phase is characterized by policy divergence in 2022, the second phase by carry trade in 2023, and the third phase by Japanese households rebalancing offshore assets to preserve their purchasing power in 2024.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
