Mufg sees more routes to JPY with the book continues to deliver Hawkish policy signals. Endoring Heinocor Endfording entranting transformers watched two aquatic knitioning this year, pushing USD / lower toward 154.00.
Key points:
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Boj Hawkish signals:
- Hein said said these policy levels they need to get up further If a Boj Economic view is produced.
- He pressed that Are real-negative levelseven after recently enclosed.
- A case to be “It is not normal” for smooth rates to live clearly If a projector toders are configured.
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Market response:
- JPY notificationsleading to USD / JPY TAKING TO 154.00.
- Reinforcing The expectations grow that the boj could Hike rates twice on another in 2025gives the policy level to 1.00%.
Decide:
With the boj holding up a Hawkish stand, Eperperformarts JPY It is expected to continue, sending lower away on usd / jupy as the price of markets in an additional cycle rounders.
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