USD/JPY to 130? via ForexLive

Nomura remains bullish on USD/JPY USD/JPY has been trading in a narrow range around 120 so far in 2015, notes Nomura "After appreciating strongly in 2013 and 2014, the pace of USD/JPY appreciation slowed as we expected. However, we still do not think USD/JPY has peaked. As the Fed is finally about to embark on its tightening cycle, we expect USD/JPY to resume appreciating toward 130 in 2016," Nomura projects.

posted via ForexLive