6 Dec 2013
Flash: Buy USD/JPY in 2014, target 110.00 - Societe Generale
FXstreet.com (Bali) - Societe Generale recommends the buy of USD/JPY for 2014, targeting 110.00 level.
According to the Bank: "Expect further BOJ monetary expansion in early 2014, just as the Fed tapers", as a consequence, "the monetary policy divergence will propel USD/JPY higher into year-end", they said.
According to the Bank: "Expect further BOJ monetary expansion in early 2014, just as the Fed tapers", as a consequence, "the monetary policy divergence will propel USD/JPY higher into year-end", they said.