US DOLLAR: AT CROSSROADS

US DOLLAR

Investors should stay vigilant, watch out for corporates’ outlook and commentary and monitor the above-mentioned key factors that could influence market sentiment and direction in the weeks ahead. Be prepared for continued volatility and sharp market movements in the coming weeks.

YEN UNDER PRESSURE

Yen’s susceptibility to short-selling due to low yields in Japan, coupled with its attractiveness for funding trades, will keep the USD/JPY above 145 in the medium term.