The Bank of Japan triggered a “mini taper tantrum” with its tests. In addition, the news about China’s intention to slow buys of US Treasuries also played its part in pushing USD/JPY lower. What’s next? Here is their view, courtesy of eFXnews: BTMU FX Strategy Research discusses USD/JPY outlook and notes that the JPY is the [...]
The post Scope For Further JPY Strength Towards 110 After BoJ’s Move – BTMU appeared first on Forex Crunch.
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