FX:USDJPY   美元/日元
77 2

Sellers 111.50/60, 112.00. some stops above 55 and 60 (not large)
Buyers 111.15 initially but better size under 111.00 then 110.85/95
Credit Suisse FX Strategy Research notes that long USD/JPY was the cleanest expression of 'Trumpflation' in FX space.

This, according to CS, allowed the pair to rally from near 100 to almost 120 in a six-week period right after Trump's election victory, before giving up nearly half those gains since early January.

On the downside, CS notes positioning still appears to be core long, leaving further room for a squeeze arguing that it is hard to argue that all possible bad news is already priced in for USDJPY.

On the upside, CS doesn't expect to sees a retest of 2015 USDJPY lows at this stage arguing that as long as the prospect for corporate tax reform and renewed reflation dynamics is not fully extinguished, there should be buyers of USDJPY emerging once speculative longs are washed out.

"As such we look for a relatively unusual phenomenon – a controlled down move in USDJPY rather than a forceful and dynamic one," CS projects.

CS now targets USD/JPY at 107 in 3-month.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出