The JPY is likely to weaken against the USD over the next six months, says Pictet Wealth Management. Why? Long-term US yields tend to exert upwards pressure on the green bank while the JPY typically appreciates after, due to decelerating US activities in the back half of 2018, according to the pure play. The wealth manager expects USDJPY to reach…
USDJPY likely to peak in the first half of 2018
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