##{"id":51844,"date":"2006-06-26T20:02:05","date_gmt":"2006-06-26T10:02:05","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/06\/26\/usd-strength-causes-anz-to-re-jig-yen-forecasts\/"},"modified":"2006-06-26T20:02:05","modified_gmt":"2006-06-26T10:02:05","slug":"usd-strength-causes-anz-to-re-jig-yen-forecasts","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/06\/26\/usd-strength-causes-anz-to-re-jig-yen-forecasts\/","title":{"rendered":"USD Strength Causes ANZ To Re-jig Yen Forecasts"},"content":{"rendered":"<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Unexpected US dollar strength has prompted ANZ senior currency strategist Tony Morriss to re-jig the bank&#8217;s short term yen forecasts.<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Morriss now forecasts the USD\/JPY cross to stand at 110.00 in September 2006, at 105.00 in December 2006, at 102.00 in March 2007 and at 100.00 in June 2007. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">The harsher tone coming from the US Fed regarding the risk of inflation has been key to the change in stance, with funds flowing back into the US from commodities and peripheral markets, he says. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">In the meantime rising geopolitical tensions in North Korea, as well as the financial scandal surrounding Bank of Japan governor Fukui have helped to subdue the yen.<\/font><\/p>\n<\/p>\n<p>By Terry Hughes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unexpected USD strength, coupled with geopolitical tensions have caused ANZ to raise its USD\/JPY forecasts.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51844"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51844"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51844\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}