Long JPY Attractive in Next 3-6 Months: Columbia Threadneedle
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Ed Al-Hussainy (Columbia Management Investment Advisers LLC)
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UUID: 7947283
(Bloomberg) -- The yen could strengthen from its current ~110 per dollar rate to 105 in 3-6 months, 100 in 6 months, Ed Al-Hussainy, senior analyst on the global rates and currency team at Columbia Threadneedle, said in an interview.
- Potential for “short squeeze” on yen because bearish positioning is “stretched”
- Sees convergence between U.S. and E.U. rates as gilts and bunds are “overvalued”
- Sees 10-year USTs reaching 2%, bunds 1% in 12-18 months
- Long EM, high-carry currency basket: MXN, TRY, ZAR, PEN, INR, RUB
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Ed Al-Hussainy (Columbia Management Investment Advisers LLC)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283