USD/JPY: Yen will likely soften on a dovish BoJ policy outcome – Rabobank USDJPY BOJ Japan Banks
Economists at Rabobank discuss the possibility of a tweak in the BoJ’s ultra-easy monetary policy and its implications for the Japanese Yen .While the JPY would likely soften on a dovish policy outcome on July 28, it is very possible that speculation of a move in September could build quite rapidly. This would limit selling pressure on the JPY.
Our forecast of USD/JPY 138 on a three-month view assumes that speculation of a BoJ policy change is maintained into the autumn. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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