Global FX : The bearish case for CNY, EUR and JPY
At Any Rate - A podcast by J.P. Morgan Global Research
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Late-week official resistance can slow but should not upend the uptrend in USD/CNY. The euro has been resilient as real yields moved up the US, but is still overshooting and will not be immune if CNH weakness extends. USD/JPY likely to test 150 before MoF intervention. Speakers: Meera Chandan Arindam Sandilya Katsuhiro Oshima This podcast was recorded on 18 August 2023. This communication is provided for information purposes only. Institutional clients can view the related reports at http://www.jpmm.com/research/content/GPS-4491146-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.
