The yen could strengthen beyond 150 against the dollar as the BOJ moves against the global tide of rate cuts, said SMBC Nikko Securities.
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Time for Yen ETF?The Japanese yen has been in great shape lately due to hawkish monetary policy. Invesco CurrencyShares Japanese Yen Trust FXY has added 3.2% so far this year and about 1% over the past week. More ...
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