Former top Japanese FX official Tatsuo Yamasaki said the yen should be up to 20% stronger than current levels. The comment is directionally hawkish for the yen and could influence near-term FX positioning, but no other new macro or policy details were provided.
Former top Japanese FX official Tatsuo Yamasaki said the yen should be up to 20% stronger than current levels. The comment is directionally hawkish for the yen and could influence near-term FX positioning, but no other new macro or policy details were provided.
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