USD/JPY traded above 149.00 early Monday ...Middle East

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USD/JPY traded above 149.00 early Monday
An early update for USD/JPY, which caught another substantial bid after the blockbuster US jobs report on Froday:Forexlive Americas FX news wrap: US jobs report is strong. USD, yields and stocks riseI had an outlook from Standard Chartered to post, analysts there were looking for 149 ... and here we are. had expected a range of 140 - 149 for the coming monthFor the 6 - 12 month horizon ahead Stan Chart forecast a fall for USD/JPY to below 135. Analysts cite rate differentials as the driver. I can't really see these as driving USD/JPY lower, US rates will remain well, well above Japanese rates over that time horizon (yeah, I know, famous last words but I have a high degree of confidence in sa

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