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Car maker Honda sees as weaker JPY exchange rate

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Japanese car giant Honda now assumes the USD/JPY rate at 118.00 for the financial year 2015-16, compared to the previously assumed rate of 115.00.

    The upward revision of the exchange rate is hardly surprising, given the renewed talk of the December Fed rate hike. The USD/JPY pair is currently trades around 121.00 levels.
    For more information, read our latest forex news.
     

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