On December 19, Deutsche Bank said that if the Federal Reserve made hawkish remarks, Japan's Central Bank kept the Intrerest Rate unchanged this week, and the yen could fall to 157 against the dollar. "Japan's Central Bank is on hold and hawkish Fed rhetoric could push USD/JPY back to 157," wrote Tim Baker, macro strategist at Deutsche Bank...... To be sure, Japan's Central Bank has the ability to surprise a rate hike this week, which will boost the yen, at least initially. ”
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Deutsche Bank: If the Fed makes hawkish comments, the USD/JPY is expected to return to 157.
On December 19, Deutsche Bank said that if the Federal Reserve made hawkish remarks, Japan's Central Bank kept the Intrerest Rate unchanged this week, and the yen could fall to 157 against the dollar. "Japan's Central Bank is on hold and hawkish Fed rhetoric could push USD/JPY back to 157," wrote Tim Baker, macro strategist at Deutsche Bank...... To be sure, Japan's Central Bank has the ability to surprise a rate hike this week, which will boost the yen, at least initially. ”