FX Forecast Update—October 2023
We are revising our forecasts for the major currencies along with updated economic forecasts (see tables on page 3 and here for the Forecast Update).
179 Views
Macro Strategy: Ominous Carry Trade Unwind Risk
The Bank of Japan's plan to halve its bond purchasing program will be crucial for the Yen, triggering concern about carry trade unwind risk.
314 Views
Mizuho Dealer's Eye (July, 2024)
After opening June trading around 157.20 yen, the dollar/yen pair then topped its end-of-April high of 160.24 yen, with the yen falling to its...
266 Views
Forex Medium-Term Outlook
USD/JPY continued to rise in June. An interest rate cut by the Fed, which may a lifeline to help correct JPY weakness, is fast approaching, and the...
466 Views
Mizuho Dealer's Eye (June, 2024)
The dollar/yen pair opened the month trading at 157.70 yen. It then hit a monthly high of 157.99 yen, though it subsequently fell to the lower-157...
301 Views