Reuters survey of Japanese firms: Almost half of firms see USD/JPY above 155 as a negative ...Middle East

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Reuters survey of Japanese firms: Almost half of firms see USD/JPY above 155 as a negative
The latest Reuters Japan Corporate Survey, main points: Almost half of firms see yen's weakness beyond 155 yen per dollar negative for their businessQuarter of firms see yen's slide below 155 yen per dollar as beneficial37% of firms want the BOJ to raise rates to counter weaker yenNearly two-thirds of firms considering raising product prices to cope with yen's weakness34% of firms want Japan’s government to conduct forex intervention to counter softer yenThese results give you an indication of the sorts of pressures the Bank of Japan is under domestically to support the yen. Meanwhile they are sweating about maintaining inflation at or above target. Between a rock and a hard place they a

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