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8 Jan 2015
USD/JPY will continue to trend upward - Deutsche Bank
FXStreet (Bali) - Taisuke Tanaka, Strategist at Deutsche Bank, sees USD/JPY rising into 2016, with turbulence in a coming phase.
Key Quotes
"We maintain our belief that the USD/JPY will continue to trend upward in light of the solid US economy. However, we feel the market environment this year will not lend itself to an outright risk-on approach. We believe the USD/JPY will try new highs this year, albeit with greater volatility on both sides."
Key Quotes
"We maintain our belief that the USD/JPY will continue to trend upward in light of the solid US economy. However, we feel the market environment this year will not lend itself to an outright risk-on approach. We believe the USD/JPY will try new highs this year, albeit with greater volatility on both sides."