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Kamis, 24 Desember 2015

JP Morgan on the yen: USD/JPY going back to 110, and equilibrium below 100

Bloomberg report on the views of JPMorgan’s Tohru Sasaki, Tokyo-based head of Japan markets research

– Sees USD/JPY to 110 in 2016

– Sees the equilibrium at "below 100" but says this doesn’t see that as meaning it’s the end of the recovery in corporate profits






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