Credit Suisse expect JPY to remain bearish - eFXnews

FXStreet (Łódź) - The eFXnews team note that Credit Suisse project a continued weakness of the yen, in the light of the floundering economy and possible further BoJ policy easing.

Key quotes

"Deterioration in Japan's current account deficit, combined with our outlook for US yields keep rising, will also support a USDJPY higher trend."

"GPIF-related flows will also be important – we expect a broader shift to Japanese outflows to keep yen under the pressure."

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