USD/JPY downside attractive – DB

FXStreet (Barcelona) - Oliver Harvey, Macro Strategist at Deutsche Bank, gives the outlook of USD/JPY based on its favourability to trade.

Key Quotes

“USD/JPY is trending (to the downside) and breaking new ground on a relative basis.”

“It is not particularly stretched from both RSI and RR perspective. It is least volatile according to realized vol. but most volatile as per implied vol.”

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Nikkei muted amid a quiet Asia

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