Yen weakness unlikely in near term, says ING IM

Long USD/JPY positions may suffer as pair stays within narrow trading band

rust-thede-0276

Long USD/JPY positions are likely to suffer over the next few months, as strategists at ING Investment Management believe the currency pair will continue to trade within the narrow band it has found itself in for much of this year.

ING IM predicts that USD/JPY will be the next ‘pain trade' for participants, one in a line of many that have failed to meet market expectations in the current low-volatility environment. "There are many people trying to play a long USD/JPY position, but we do not

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: