# Lloyds US Dollar To Yen FX Rate Prediction - USD/JPY To Hit 103 In 2019

> USD/JPY fell more than 100 pips on May 23 from about 111 to briefly below 109 after Trump's comments on China trade talks. Lloyds forecast USD/JPY to reach 103 in 2019 and said the Bank of Japan's dovish stance still favors selling the yen. The bank cited robust global equity markets as a sign of confidence.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/65277-lloyds-us-dollar-to-yen-fx-rate-prediction-usd-jpy-to-hit-103-in-2019
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A forecast for a lower USD/JPY reflects expectations of continued BOJ easing and a stronger yen. For feed buyers this is a currency view with little direct commodity impact.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/21742/lloyds-us-dollar-to-yen-exchange-rate-forecast--usdjpy-to-hit-103-in-2019.html

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