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UBS Says Dollar-Yen May Rise to 175 on Extended Oil Disruption

UBS
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UBS strategists project USD/JPY could reach 175 by year-end in an "extended disruption" scenario, indicating further yen weakness. They note the yen is likely to slide even as Japanese officials escalate intervention rhetoric, implying elevated FX volatility and potential disruption for Japan-focused assets.

Analysis

UBS strategists project USD/JPY could reach 175 by year-end in an "extended disruption" scenario, indicating further yen weakness. They note the yen is likely to slide even as Japanese officials escalate intervention rhetoric, implying elevated FX volatility and potential disruption for Japan-focused assets.

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