USD/JPY will decline to 100 according to Barclays.

Home / Barclays / USD/JPY will decline to 100 according to Barclays. FORECAST

The dovish comments from Fed last week would continue to make downward pressure on US dollar in near term according to the analysts at Barclays. “We continue to expect USDJPY to decline toward 100 in the quarters ahead,” said in the report.

As of 4:52 PM EDT the pair was trading at 111.96, which is 0.42% higher than the previous close.

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