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Nomura sticks to its USDJPY year end target of 130.00

Discussion in 'Market News' started by ForexLive, Feb 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Head of Japanese FX research, Yunosuke Ikeda is unconvinced that he needs to change his outlook USDJPY is going to 130 say Nomura. Forget safe haven flows, forget tumbling stock markets, the yen is going to fall more than 10% because the BOJ's negative interest rates will have investors buying more overseas assets and US borrowing costs will rise.

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