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Forex Flash: USD/JPY buoyed by dovish BoJ candidate commentary - OCBC Bank

Emmanuel Ng of OCBC Bank notes that dovish comments from BoJ Governor nominee Kuroda, has kept USD/JPY afloat.

In the near term he notes that higher US yields may also continue to buoy the pair. Looking towards net speculative CFTC positioning, he sees that JPY shorts increased slightly in the latest week, in line with the supported outlook for the USD/PY. Near term, expect a strong floor at the 94.77 area while the pair may continue to test the boundaries around the 96.60 area.”

Forex Flash: USD/JPY to hit 100? - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that many participants have their sights set on USD/JPY 100 and 13,000 for the Nikkei.
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Forex Flash: Interest Rate differentials guide dollars leg up - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman feels that the best explanation for the latest leg up in USD is growth differentials mediated by interest rate differentials.
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