0044 GMT - The yen may recover later against the dollar on potential developments such as heightened U.S. policy uncertainty, two members of HSBC Global Research say in a research report. Other possible developments include resumption of pessimism toward the U.S. economy and renewed expectations of Fed easing soon, the members say. Also, "the market remains sensitive to headlines about U.S.-Japan trade talks, especially regarding FX discussions," the members say. HSBC's 'multiverse' modelling suggests a current range of 141-149 for USD/JPY, though overshooting and undershooting are possible, the members add. USD/JPY is down 0.2% at 146.40. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 14, 2025 20:44 ET (00:44 GMT)
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