The Yen weakened sharply in June. Economists at MUFG Bank discuss JPY outlook.
Yen looks over-extended to the downside
Japan's equity market outperformance, positive inflation in land and property prices, high and sustained household inflation expectations, and underlying inflation at a level not seen since 1981 leave every BoJ meeting as live for a surprise policy change.
The Yen to us looks over-extended to the downside and we see a BoJ shift in YCC and a Fed pause by September helping fuel a sustained turnaround.
古いコメントはありません。ソファをつかむ最初のものになりましょう。