Japanese Yen: Yield spreads keep pair elevated – Nordea
Nordea expects USD/JPY to remain high as wide US–Japan yield differentials persist and the Bank of Japan stays very accommodative. While some gradual BoJ normalization is anticipated, it is seen as too modest to materially weaken the Japanese Yen near term.
Nordea expects USD/JPY to remain high as wide US–Japan yield differentials persist and the Bank of Japan stays very accommodative. While some gradual BoJ normalization is anticipated, it is seen as too modest to materially weaken the Japanese Yen near term.
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