# USD/JPY: Yen regains poise after sell off earlier this month – MUFG — Octa

> MUFG expects USD/JPY to trade between 106.00 and 109.00 next week, with a bearish tone on the pair. Analysts noted that recent stronger US data casts doubt on another Fed cut this year.

- Date: 2019-09-26 · published 2019-09-26T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/57301-usd-jpy-yen-regains-poise-after-sell-off-earlier-this-month-mufg-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

Currency forecasts reflect rate expectations and dollar direction, but they carry little direct supply or demand information for feed commodities.

## Read by commodity

- DXY: bullish ▲
- USDJPY: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/754184/

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