Morgan Stanley suggest buying USD/JPY on a dip to 97.70 (spot now 98.64) as its trade of the week

Morgan Stanley suggest buying USD/JPY on a dip to 97.70 (spot now 98.64) as its trade of the week. Stop at 97.00, target 99.70
About this contributor

Chief Market Strategist, IG Markets
Chris joined IG as a sales trader in 2006, having worked previously at Morgan Stanley, Credit Suisse and Merrill Lynch, gaining exposure to both equity and fixed income trading. After accruing 15 years' experience in financial markets, Chris...
Expertise
No areas of expertise