Fast FX Fair Value Model Buy EUR JPY

Crédit Agricole's FAST FX model recommends buying EUR/JPY as the pair is currently over 1.5 standard deviations undervalued relative to its fair value of 189.71. The trade features a take-profit at fair value and a -1.49% stop-loss.

Key Takeaways

• 1.The FAST FX model has triggered a long EUR/JPY trade due to the pair being more than 1.5 standard deviations undervalued.
• 2.EUR/JPY fair value increased to 189.71, driven by falling peripheral EGB yield spreads and Japanese stock outperformance relative to the Eurozone.
• 3.While EUR/NOK and EUR/SEK are also showing signs of undervaluation, they have not triggered buy trades due to insufficient aggression or model instability.

Table of Contents

• Buy EUR/JPY
• Related publications
• New trades this week
• FAST FX fair value summary
• Short-term fair value charts
• t-statistic charts
• Historical trade performance
• FX Research advanced tools
• Red Mount Analytics
• Global Markets Research contact details
• Certification
• Valuation and methodology
• Disclaimer

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