Undoubtedly, the forex market is the major investment banks, and many traders are ready to know what their predictions are about the development of a currency pair. In this article we will look at forex forex and what they think of USD/JPY by the end of 2018.
We will start with the average value of leading investment banks in City Of London and Wall Street. The average forecast for large banks is to keep the pair at the level of around 109 yen per dollar. The most optimistic about the development of USD/JPY are the analysts of Credit Suisse Group. 115.00 at the end of 2018 Then at 112.00 ranks Bank Of America Merrill Lynch and Credit Agricole. The levels of 110 yen per dollar are expected from Societe Generale and Lloyds Bank. A little below average, at levels of 108.00, the analysts of JP Morgan and Wells Fargo are betting. In the zone between 101 and 102.00 yen are BNP Paribas, Citigroup and Morgan Stanley expectations, HSBC analysts are the most pessimistic - 100.00 at the end of 2018.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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