EUR/JPY CAN STAY STRONGER FOR LONGER UNLESS SOME FINANCIAL CRISIS EMERGES – ING

avatar
· 閱讀量 52



EUR/JPY has pushed back up to 150. Economists at ING analyze the pair’s outlook.

Some independent BoJ tightening would be the bearish game changer

Any signs of US disinflation would allow risk assets to stay bid for longer, keeping EUR/JPY bid.

For the ECB, we and the market look for two more 25 bps hikes (June and July) taking the deposit rate to 3.75%. Our team also looks for the first ECB cut in 2Q24.

Unless some financial crisis emerges, it now looks like EUR/JPY can stay stronger for longer. Alternatively, some independent BoJ tightening would have to be the bearish game changer here.

 


風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest