HSBC has revised its USD/JPY forecasts downward, lowering its projections to
145 from 154 for Q1, 148 from 156 for Q2, 150 from 158 for Q3, and 154 from 160 for Q4.More:
HSBC attributes this renewed JPY optimism to several factors,
including the Bank of Japan’s rate-hike cycle appearing more sustainable and the yen emerging as a stronger safe-haven currency than the U.S. dollar amid concerns over a slowing U.S. economy. This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about hsbc ramp its yen forecasts much higher was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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