Goldman likes USDJPY shorts targeting 142 with stops above 152 ...Middle East

USD/JPY’s move lagged model/fundamental signals

Baseline rates view implies ~4% more downside in DXY; falling hedging costs should spur reallocations (Europe) and greater Japan participation

Trade idea: Stay short USD/JPY with a 142 target and 152 stop.

This article was written by Arno V Venter at investinglive.com.

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