FBS Holdings: Japanese companies reduced USD/JPY forecast
Economists at BNP Paribas note that Japanese corporations prepare for yen’s appreciation versus the greenback. According to the bank, the main country’s exporters reduced their USD/JPY forecast for the second half of the year from 90.00 to 80.00 yen, while the rate for future investment plans is set at 70.00 per dollar.

Chart. H4 USD/JPY
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FBS Holdings Inc. is an international brokerage company that provides its clients with access to world financial markets – forex, CFD, futures.