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StanChart’s Englander Betting Against Yen ‘Short-Term’
Source: Bloomberg
Currency & FXInterest Rates & YieldsMonetary PolicyAnalyst Insights
Standard Chartered’s global head of G10 FX research recommends a short-term bearish position on the Japanese yen, citing broad US dollar strength and uncertainty over the Bank of Japan’s future rate-hiking commitment. The view implies continued near-term downside risk for the yen as monetary-policy divergence remains unresolved.
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