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View on Japan and the Yen

2024-03-28
Neil Newman, Investment Strategist at Japanmacro.com, says the element of surprise had gone by the time the BOJ hiked rates, and since it only took a baby step, with other central banks on hold, the interest rate differential remained very similar. He goes on to look at the potential for intervention on the yen, saying that could happen over Easter if we see 152 on the currency against the US dollar.

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