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JPMorgan – USDJPY at 110.00 in 2016

JPMorgan forecast USD/JPY to fall towards 110.00 next year. They also claim that such yen strength won’t destroy Japan economy. Tohru Sasaki, Tokyo-based head of Japan markets research sees the equilibrium USD/JPY rate under 100. He says: “What investors like to hear is that the yen is weak and stocks are up — but if everyone’s constantly betting that […]