USD/JPY: Risks Remain to the Downside – Danske Bank
Arne Rasmussen, Chief Analyst at Danske Bank, sees the possibility that the pair could grind lower.
Key Quotes
“USD/JPY
continues to test lower levels in a broad weak USD environment without
any clear additional warnings from the Japanese authorities”.
“We stress that the near-term risks are to the downside in USD/JPY ahead of the psychological support level at 105”.
(Market News Provided by FXstreet)
