The Traderszone Network

Published in TZ Latest News 23 December, 2015 by The TZ Newswire Staff

JP Morgan on the yen: USD/JPY going back to 110, and equilibrium below 100

Bloomberg report on the views of JPMorgan’s Tohru Sasaki, Tokyo-based head of Japan markets research
– Sees USD/JPY to 110 in 2016
– Sees the equilibrium at “below 100” but says this doesn’t see that as meaning it’s the end of the recovery in corporate profits