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SocGen strategist Kit Juckes expects USD/JPY to break above 112, arguing the pair tracks interest rate differentials and will rise if markets price in Fed hikes in late 2022 or early 2023. The comment came as the pair remained in a narrow range.
This is an analyst forecast on currency pricing with no direct effect on feed supply or demand.
teletrade.orgAug 26, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
