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Yen May Climb Back Toward Upper 150s Per Dollar, Barclays Says

Source: Bloomberg

Currency & FXMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning

Barclays said the yen’s sharp rally could reverse to the upper ¥150s per dollar if expectations for faster Bank of Japan rate hikes and Japanese pension-fund repatriation into domestic assets do not materialize. The outlook highlights downside risk to the yen from a potential unwinding of policy-tightening and domestic-allocation assumptions.

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mildly negative

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