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Bearish USDJPY: ING Models Show Yen 20% Undervalued

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • ING analysts argue the JPY is significantly undervalued against the USD, with fair-value models showing a 20% gap.
  • Supported by U.S.
  • Treasury Secretary Bessent’s backing for joint intervention and expectations of Bank of Japan rate hikes, downside risks for USDJPY are intensifying.
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Stored market data

USDJPY price history

153.55 -1.15% over the displayed period

Advisor Snapshot

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