Yen Relief Rallies Are Selling Opportunities, BBH Says

Watch BofA: Japan Determined to Break Yen at 155

Shusuke Yamada, Chief Japan FX and Rates Strategist at BofA Global Research, discusses whether the yen can strengthen beyond 155 per dollar, a threshold strategists view as the key test for the rally’s staying power. He speaks with Shery Ahn on Bloomberg: The Asia Trade.

CoinStats - BNY: Japanese Yen Needs Policy Follow-Through...

BitcoinWorld BNY: Japanese Yen Needs Policy Follow-Through for Sustained Demand The Japanese yen requires further monetary policy follow-through from the Bank of Japan to sustain renewed demand, according to a note from BNY. The comment, issued on Monday, underscores the market’s focus on the central bank’s next moves after recent policy adjustments. Why Policy Follow-Up Matters for the Yen BNY’s analysis suggests that while the yen has seen som…

Yen Relief Rallies Are Selling Opportunities, BBH Says

BitcoinWorld Yen Relief Rallies Are Selling Opportunities, BBH Says Strategists at Brown Brothers Harriman (BBH) advise treating any relief rallies in the Japanese yen as selling opportunities, according to a recent note. The advice comes amid persistent monetary policy divergence between the Bank of Japan (BoJ) and the US Federal Reserve, which continues to weigh on the yen. Why the Yen Remains Under Pressure The core reason behind BBH’s beari…