USD/JPY: 110 is seen as a short-term ceiling – Danske Bank
|The second half of 2020 continues to be the time when USD/JPY could move slightly higher, according to analysts at Danske Bank.
Key quotes
“We continue to expect 112 in 6M and 12M, which still reflects our view of a strong USD.”
“Near-term, we see USD/JPY as trading in the 107-110 range.”
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