BBH analyst Elias Haddad forecasts a 155.00-160.00 trading range for USD/JPY, citing Bank of Japan caution and broad dollar strength as primary drivers for the pair's near-term performance.
BBH expects USD/JPY to remain range-bound between 155.00 and 160.00 due to BOJ caution and broad dollar strength.
Brown Brothers Harriman analyst Elias Haddad projects the USD/JPY pair will remain range-bound between 155.00 and 160.00 in the near term. Despite a recent surge to the 200-day moving average, persistent caution from the Bank of Japan and sustained dollar strength are expected to limit significant volatility.
Analysts at Brown Brothers Harriman expect the pair to trade within a range of 155.00 to 160.00, supported by broad dollar strength and tempered by Bank of Japan caution.