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martedì 8 novembre 2016

"The yen is looking like a long-term winner after the U.S. presidential vote"

Bloomberg with a bullish view on the yen


  • JPMorgan Chase & Co. and HSBC Holdings Plc say that neither Democrat Hillary Clinton or Republican Donald Trump will favor a stronger dollar, so any short-term fluctuations in the yen as the vote nears are likely to give way to gains for the Japanese currency over the longer term. An expected Federal Reserve rate increase also may already be priced in.

The results from the latest Bloomberg survey line up with this view:

  • The median projection from strategists surveyed by Bloomberg has the currency rising to 103 per dollar by March 31. That level hasn"t shifted since analysts last boosted their yen estimates early last month.

So, everyone agrees, OK?

Uh-oh .....






"The yen is looking like a long-term winner after the U.S. presidential vote"
"The yen is looking like a long-term winner after the U.S. presidential vote"
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