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UBS AM’s Zhao Is Ready to Sell Yen If Japan Intervenes Again
Source: Bloomberg
Currency & FXMonetary PolicyInterest Rates & YieldsAnalyst Insights
UBS Asset Management's Kevin Zhao said any further Japanese intervention to support the yen would present a selling opportunity. He does not view the Bank of Japan's Friday rate increase as evidence of a sustained hawkish policy shift, implying continued skepticism over the yen's medium-term strength.
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