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USD/JPY Shakes Off Trump-Kim Detente, J.P. Morgan Forecast Steady Decline Over Next 12 Months

  • Written by Joaquin Monfort
  • Category: JPY

The Dollar strengthened against the safe-haven Yen Tuesday after talks between North Korean and US leaders yielded a commitment to de-nuclearization of the Korean peninsula, which has reduced geopolitical risks, but strategists at J.P. Morgan say the greenback's days are numbered. 

Read more: USD/JPY Shakes Off Trump-Kim Detente, J.P. Morgan Forecast Steady Decline Over Next 12 Months