# USD/JPY points to an eventual break above 112 - SocGen: Analytics and Market news from 26 August 2021 10:16

> 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.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45779-usd-jpy-points-to-an-eventual-break-above-112-socgen-analytics-and-market-news
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is an analyst forecast on currency pricing with no direct effect on feed supply or demand.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3688426

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.