JP Morgan says fair value for USD/JPY would take it closer to 152

JP Morgan on USD/JPY citing rate differentials between the US and Japan for their view on USD/JPY, says that fair value for the pair looks to be closer to 152.

On the US dollar more broadly, JPM tip more strength through until the first quarter of 2024.

USD/JPY update:

This article was written by Eamonn Sheridan at www.forexlive.com. Source