{"id":1030,"date":"2021-05-03T17:36:25","date_gmt":"2021-05-03T20:36:25","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1030"},"modified":"2021-05-03T17:36:28","modified_gmt":"2021-05-03T20:36:28","slug":"usd-jpy-in-107-112-50-range-for-q2-buy-on-moves-into-the-low-end-of-the-range-credit-03-suisse","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/03\/usd-jpy-in-107-112-50-range-for-q2-buy-on-moves-into-the-low-end-of-the-range-credit-03-suisse\/","title":{"rendered":"USD \/ JPY: In 107-112.50 Range For Q2;  Buy On Moves Into The Low End Of The Range &#8211; Credit 03 Suisse"},"content":{"rendered":"\n<p>Credit Suisse discusses USD \/ JPY outlook and likes longs via options around current levels.&nbsp;<\/p>\n\n\n\n<p>&#8220;In our Q2 Outlook, we argued for an expected range of USDJPY 107.00 &#8211; 112.50 for the quarter, arguing that moves to the low end of the range should be bought given the likelihood of pro-carry outcomes paying off over time in a reflationary global&nbsp; environment where the US is a growth leader, &#8216;CS notes.<\/p>\n\n\n\n<p>&#8220;For those who missed the best levels to enter in terms of spot levels below 108.00, it&#8217;s still possible to consider option ideas as alternatives at sub-optimal trade locations &#8230; This\u00a0 trade can benefit from any period of calm into and after the Golden Week period starting in Japan, as well as a longer period of reflection around whether the Fed can push against stronger US data, while retaining upside possibilities up to our Q2 expected range highs &#8211;\u00a0 levels not seen since 2018, &#8220;CS adds.<\/p>\n\n\n\n<p><em>Source:<a rel=\"noreferrer noopener\" href=\"https:\/\/plus.efxdata.com\/news\/insights\" data-type=\"URL\" data-id=\"https:\/\/plus.efxdata.com\/news\/insights\" target=\"_blank\">https:\/\/plus.efxdata.com\/news\/insights<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit Suisse discusses USD \/ JPY outlook and likes longs via options around current levels.&nbsp; &#8220;In our Q2 Outlook, we argued for an expected range of USDJPY 107.00 &#8211; 112.50 for the quarter, arguing that moves to the low end of the range should be bought given the likelihood of pro-carry outcomes paying off over [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1031,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1030","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1030"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1030\/revisions"}],"predecessor-version":[{"id":1032,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1030\/revisions\/1032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1031"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}