# Japanese Yen To See Limited Downside Vs US Dollar Say ING And Citi Analysts | Exchange Rates UK

> ING and Citi analysts forecast USD/JPY to stay below about 110 near term, with Citi forecasting 103 over 12 months. The dollar gained on a weaker euro ahead of an ECB meeting, and Treasury Secretary Mnuchin was expected to travel to China for trade talks.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65739-japanese-yen-to-see-limited-downside-vs-us-dollar-say-ing-and-citi-analysts
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Easing trade tension and a firm dollar affect the currency side of export competitiveness for US feed commodities. Forecasts alone carry little direct price impact.

## Read by commodity

- DXY: bullish ▲
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-30 | [Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week \| Exchange Rates UK](https://feedsoft.ai/events/65728-euro-dollar-exchange-rates-to-face-german-inflation-fed-and-us-jobs-this-week.md) | +1.0% | +2.2% |
| DXY | 2024-03-27 | [Exchange Rates Today: Dollar At 34-Year High Vs Yen, Pound Euro Steady](https://feedsoft.ai/events/31471-exchange-rates-today-dollar-at-34-year-high-vs-yen-pound-euro-steady.md) | +0.2% | +1.4% |
| DXY | 2017-01-31 | [FED Disapointment Sees The US To Canadian Dollar Exchange Rate Slide](https://feedsoft.ai/events/73225-fed-disapointment-sees-the-us-to-canadian-dollar-exchange-rate-slide.md) | -0.6% | -0.6% |
| DXY | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | +1.2% | -2.4% |
| DXY | 2019-09-24 | [Rates In US Continue To Put Upwards Pressure On The US Dollar \| Exchange Rates UK](https://feedsoft.ai/events/57274-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar-exchange-rates-uk.md) | +0.6% | -1.1% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/21456/japanese-yen-to-see-limited-downside-vs-us-dollar-say-ing-and-citi-analysts.html

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