# USD/JPY seen lower at 102.00 in next two months – Scotiabank — Octa

> Scotiabank analysts expect the yen to strengthen further, with USD/JPY potentially falling to 102.00 within one to two months. Their view cites favorable real yield differentials and diverging US growth compared with the rest of the world.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/52348-usd-jpy-seen-lower-at-102-00-in-next-two-months-scotiabank-octa
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

This is an analyst forecast rather than a new event, so its direct effect on feed prices is limited, though a weaker dollar would support dollar-priced commodities.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-01-29 | [USD/MXN sideways around 19.00, still near 3-month lows — Octa](https://feedsoft.ai/events/61300-usd-mxn-sideways-around-19-00-still-near-3-month-lows-octa.md) | -0.2% | -0.0% |
| DXY | 2019-08-29 | [USD/JPY holds weaker below 106.00 handle, US GDP in focus — Octa](https://feedsoft.ai/events/57810-usd-jpy-holds-weaker-below-106-00-handle-us-gdp-in-focus-octa.md) | -0.3% | -0.1% |
| DXY | 2025-06-27 | [USD/MXN extends losses and nears the 11-month low, at 18.82](https://feedsoft.ai/events/24442-usd-mxn-extends-losses-and-nears-the-11-month-low-at-18-82.md) | -0.3% | +0.3% |
| DXY | 2017-10-18 | [Commodities following different paths on a common upward hill - Scotiabank — Octa](https://feedsoft.ai/events/68395-commodities-following-different-paths-on-a-common-upward-hill-scotiabank-octa.md) | +0.4% | +0.5% |
| DXY | 2021-08-31 | [USD/CAD hangs near two-week lows, below 1.2600 mark ahead of Canadian GDP — Octa](https://feedsoft.ai/events/45795-usd-cad-hangs-near-two-week-lows-below-1-2600-mark-ahead-of-canadian-gdp-octa.md) | -0.2% | +0.9% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/839001/

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