USD/JPY to decline below 140 on a 6-12M horizon – Danske Bank

Share: Economists at Danske Bank expect the USD/JPY pair to nosedive over the coming months. Turnaround in US yields to weigh on USD/JPY We forecast USD/JPY to decline below 140 on a 6-12M horizon. This is primarily because we believe that long US yields have reached their peak.  We expect yield differentials to