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Wednesday, January 25, 2017

[FOREX NEWS] Deutsche Bank predicts USD/JPY to rise

Dollar/yen suffered on the Trump Dump, but could turn to a new direction.

Here is the view from Deutsche Bank, courtesy of eFXnews:

We expect USD/JPY to rise to 120-125 yen (after a near-term correction to 110-115) as US fiscal policy boosts economic growth to 3-4% from late 2017 through 2018, and [...]



via Forex Crunch

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