USD/JPY to quickly target 145.00 if US data further validate Fed hawkishness – Credit Suisse USDJPY UnitedStates BOJ Banks
Verbal intervention alone unlikely to turn the USD/JPY’s upward trajectory
If US data further validate Fed hawkishness this week we can see USD/JPY quickly target 145.00, at which point the risks of actual intervention ahead of the next BoJ meeting would multiply.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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