The latest from Deutsche Bank on the Bank of Japan and JPY. Analysts at the bank are not expecting much of a rally for the yen.They say that they see little reason for the Bank of Japan to tighten its monetary policy aggressively and as such little tailwind for the JPY on this front. It would need a more assertive rate hike cycle to prompt an unwind of the yen carry trade.DB add that on the other side of the ledger, the yen is unlikely to rise much without a US recession (and consequently lower rates in the US). This article was written by Eamonn Sheridan at www.forexlive.com.
Hence then, the article about deutsche bank does not expect aggressive boj tightening and also not bullish on yen was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Deutsche Bank does not expect aggressive BoJ tightening, and also not bullish on yen )