USD/JPY: Risks Remain to the Downside – Danske Bank
Analytics & Forecasts

USD/JPY: Risks Remain to the Downside – Danske Bank

12 April 2016, 11:27
Roberto Jacobs
Roberto Jacobs
0
105

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)

#usdjpy, Danske Bank, risks remain to the downside