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💹Initiated Short USD/JPY, Target 120.0: BNP Paribas

  • Initiated a short on USD/JPY, targeting 120.0. We think JGBS may face further selling pressure amid expectations of policy normalization

  • Medium-term arguments point to further JPY strength, even if Bank of Japan's policy is delayed

- BNP Paribas


 
 
 

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