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USD/JPY to 103 by end of the month - Deutsche Bank

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 14, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Deutsche Bank on the Bank of Japan and USD/JPY We view further easing by the BoJ as unlikely. Given the recent risk of a Brexit, the BoJ naturally has to be cautious regarding taking additional easing measures ahead of the UK referendum. Although we are maintaining our official outlook that the BoJ will lower its negative policy interest rate a further 0.1% in Jul-Sep, we believe that the need for further easing has decreased somewhat with the more pro-active fiscal stance of Abenomics.

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