Poor performance of JPY this year was not excessive in view of its rate disadvantage – Commerzbank

Poor performance of JPY this year was not excessive in view of its rate disadvantage – Commerzbank USDJPY Fed Bonds Banks

If the Fed cut its key rate again in 2023 things can move in the opposite direction again quite quickly

“Of course that does not mean for the coming year that the Yen has to depreciate further. If – as the market is currently expecting – the US central bank If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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