The US greenback (USD) is prone to alternate a fork of 142.30 / 144.30 in opposition to the Japanese yen (JPY). In the long run, the greenback can proceed to lower, however as a result of deep circumstances of sale, it stays to be seen if 139.55 are in hand, because the Foreign exchange analysts point out within the UOB CIR Liang and Peter Chia group.
The greenback can proceed to lower
24 hours expectations: “The greenback fell sharply final Thursday. Friday, we indicated that” the weak point of the extra greenback just isn’t excluded. “We additionally indicated that” the assist ranges at 143.05 and 142.50 “. The anticipated lower exceeded our expectations, as a result of the greenback decreased to 142.05 earlier than being plump to 143.51% (- 0.65%).
1 to three weeks expectations: “After having saved a detrimental imaginative and prescient of the greenback because the begin of this month, we indicated final Friday (on April 11, the speedy value at 143.80) that” a renewed momentum signifies that the greenback ought to proceed to lower. “We indicated that” medium -term assist ranges at 142.50 and 139.55 “. Then the greenback decreased and exceeded 142.50 (the bottom degree to 142.05).
2025-04-14 11:33:14