Minoru Shioiri Quotes
The yen is looking undervalued at current levels. The Fed is probably getting into the final stage of rate hikes, and Japan and Europe may be coming closer to a tightening policy, so there may be some adjustment in the recent rally in the dollar against the yen and the euro.
Tweet
Undervalued | Current | Levels | Final | Stage |
comments powered by Disqus
While the downside seems to be firm below the USD1.90 level, the euro has only limited room to gain, given the likelihood that interest rate differentials between the euro zone and the US will remain wide.
- Minoru Shioiri
