It was a good year for State Street.
Investors thinking that US rates may have peaked are dropping their overweight positions in USD.
ft.com/content/7624df44-4d49-4c5b-b7a9-07334c2c2f3e
Since this is the case, I see a possible 4% to 5% drop in USDJPY. However, I see USDJPY at 153-154 in Q1 2024, as the trend still long strong.
Investors thinking that US rates may have peaked are dropping their overweight positions in USD.
ft.com/content/7624df44-4d49-4c5b-b7a9-07334c2c2f3e
Since this is the case, I see a possible 4% to 5% drop in USDJPY. However, I see USDJPY at 153-154 in Q1 2024, as the trend still long strong.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.