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USD/JPY to 130?

Discussion in 'Market News' started by ForexLive, Nov 27, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Nomura remains bullish on USD/JPY USD/JPY has been trading in a narrow range around 120 so far in 2015, notes Nomura "After appreciating strongly in 2013 and 2014, the pace of USD/JPY appreciation slowed as we expected. However, we still do not think USD/JPY has peaked. As the Fed is finally about to embark on its tightening cycle, we expect USD/JPY to resume appreciating toward 130 in 2016," Nomura projects.

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