Global FX : The bearish case for CNY, EUR and JPY

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.

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http://www.jpmm.com/research/content/GPS-4491146-0

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