USD/JPY: The ingredients are in place for a renewed move lower – HSBC USDJPY BOJ Banks
A focus on Bank of Japan succession and prospective policy changes could see renewed JPY strength, according to economists at HSBC.“A move lower in USD/JPY over the coming few weeks will mostly rely on the outlook for“BoJ Governor Kuroda’s term ends on 8 April but the process of identifying his successor is likely to become more prominent in February.
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