Tuesday, April 18, 2017

While Steven Mnuchin has provided USDJPY a lift, we wonder if the USD rise will sustain? Afterall, the tax d





Global Markets Daily
by Saktiandi Supaat


FX Research





While Steven Mnuchin has provided USDJPY a lift, we wonder if the USD rise will sustain? Afterall, the tax deal would require quite some time to bear fruit, even if it’s within a year. The near-term risk is still geopolitical and trigger-happy Trump and North Korea. That could keep USDJPY from making remarkable rallies. 110 could cap for now ...

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