USD/JPY to move within 110-111 in the months ahead – Rabobak
|Economists at Rabobank expect the US dollar to strengthen in the months ahead. Subsequently, the USD/JPY is set to hover around a 110-111 range in the next quarter.
See: BoJ Preview: Forecasts from eight major banks, very little surprise potential
Yen to lose ground against the greenback
“We maintain a constructive outlook for the USD in the coming months and expect the JPY to lose a little ground to the greenback in the months ahead.”
“We expect a move to the USD/JPY 110 to 111 area on a one to three-month view.”
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