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January 15, 2018

FXPRIMUS, 2018 Currency Outlook on JPY - What to expect from the market this year?

2018 Outlook on JPY – Japanese Yen.

This article is originally referred from FXPrimus Special Report.

With Abe winning the 2017 Japanese “snap” general elections there is little to no room for changing BoJ’s monetary policy stance, thus, inflationary pressures are likely to remain below the 2.0% YoY target, hence, markets are probably going to be driven, as they did in 2017, purely on external factors, i.e. risk sentiment.

Acknowledging increasing vulnerability amid geopolitical concerns, their effect on short and long-term Yield Spreads, and the firm global growth I believe that speculative rallies will move USD/JPY sideways between 108 and 118 with the price ending 2018 closer to the higher end of the range.


You can read the currency & economy outlook on other currencies and commodities by FXPrimus!

Check out the full report today and get some insights on world’s financial markets.

FXPRIMUS Official Website

Original Source: FXPrimus Special Report

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