The USDJPY has shown a steady decline this year, reducing from 157 to approximately 148. Analysts attribute this trend to narrowing yield differentials between the US and Japan, compounded by instability in global markets. Danske Bank’s insights suggest that this downward trend might continue, especially if broader market conditions remain uncertain. Investors need to consider the structural factors influencing USDJPY and how they could change over the coming months. As the currency pair approaches technical targets, understanding macroeconomic relationships can guide traders in making informed decisions.

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