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Noticias de trading
9 Nov 2017
USD/JPY outlook: targetting 112 - Scotiabank
Analysts at Scotiabank explained that JPY entered November at the lower end of its 2017 range.
Key Quotes:
"JPY seasonals are bearish and speculative short positioning is extended.
Widening interest rate differentials are expected to deliver continued fundamental weakness for JPY.
We hold a relatively neutral USD/JPY year-end 2017 target of 112."