USD/JPY bounced off the 15-month lows it reached but still looks vulnerable. What’s next for the pair? Here is their view, courtesy of eFXnews: BNP Paribas Research discusses USD/JPY outlook, and notes that its recent decline looks likely to mirror EUR/USD upward price action in 2017 in terms of the correlations’ breakdown with yields spreads, which points [...]
The post USD/JPY: Could USD/JPY Mirror EUR/USD In 2017? What’s The Trade? – BNPP appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment