One of additional paribas factors behind USDJPY is widening rate differential, which should motivate Japanese FX investors to look for higher returns forecast.
Citi trade of the week. Sharing BNP Paribas view, Credit Agricole expects JPY upside from the current levels to prove unsustainable. The latest economic stimulus package from BoJ had bnp limited currency market impact and this might be taken as an omen to forex a more aggressive policy stance if needed. However, should the Fed fail to increase interest rate derailing global risk sentiment, any further BoJ easing might be delayed until the start of Think we missed something? Let us know in the comments section below.
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Log in Lost Password? Account Type Forecast Broker Affiliate. All you need in Forex. BoJ June monetary policy meeting forecast: No BoJ paribas tapering? Japanese Yen retains stability against dollar amid forecast week. Credit Agricole Sharing BNP Paribas view, Credit Agricole expects JPY upside from the current levels to prove unsustainable. Related news 8 June USD JPY Elliott wave analysis: USDJPY Weekly technical outlook Pre-NFP.
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