Dollar-yen is expected to face periods of limited upside, while continued dollar buying may be offset by growing caution over coordinated intervention by Japan and the United States, according to reports. The view is based on overseas-market forex outlook reports, with attention focused on future developments.
The outlook for the European and US foreign-exchange markets indicates that dollar-yen is expected to struggle to advance. Reports suggest that dollar buying may continue in some periods.
Caution over coordinated intervention by Japan and the United States may intensify, and market participants are increasingly focused on the possibility of intervention.