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A forecast roundup by Tim Clayton collects 2021 and 2022 USD/JPY predictions from investment banks. The analysis centres on US bond yields, Federal Reserve policy and the risk of a yen rebound.
USD/JPY was trading near 108.9 at publication.
Bank forecasts reflect expectations for the dollar and yen, which feed into the cost of dollar-priced commodity imports for Japan. The forecasts are not new information that would move feed prices by themselves.
exchangerates.org.ukTim ClaytonApr 30, 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.
