USD/JPY: out of the woods? – Rabobank – by hareshmenghani USDJPY BOJ Bonds Currencies Banks
and expect spot prices to oscillate in a broader trading range between the 130-135 psychological marks.“The BoJ is clearly the outliner amongst its G10 peers. While all the others are gripped by a determination to dampen the inflation rate, the BoJ is attempting to nurture it. Having struggled with disinflationary and deflationary pressures for decades, Governor Kuroda sees an opportunity to finally create a virtuous cycle between wage inflation, demand and corporate profitability.
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