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Daily outlook for JPY: UniCredit

Quotes from UniCredit Research: -JPY: The BoJ refrained from any political changes, but firm US IP and housing data may lift USD-JPY closer to 120, also due to higher US yields and latest remarks by Japanese ministers (A…

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Quotes from UniCredit Research:

-JPY: The BoJ refrained from any political changes, but firm US IP and housing data may lift USD-JPY closer to 120, also due to higher US yields and latest remarks by Japanese ministers (Aso and Amari) that a weak yen is good for exporters, and is not hurting consumer sentiment.

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