Odaily News Barclays economists stated in their quarterly outlook that given Japanese Prime Minister Sanae Takaichi's inclination towards Abenomics, the yen may continue to be under pressure. Due to the yen's high sensitivity to fiscal risks, further fiscal expansion is expected to keep the USD/JPY at elevated levels. Barclays advises investors to continue to go long on USD/JPY. (Jin10)
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Barclays: USD/JPY is expected to continue its rise,建议继续go long
Odaily News Barclays economists stated in their quarterly outlook that given Japanese Prime Minister Sanae Takaichi's inclination towards Abenomics, the yen may continue to be under pressure. Due to the yen's high sensitivity to fiscal risks, further fiscal expansion is expected to keep the USD/JPY at elevated levels. Barclays advises investors to continue to go long on USD/JPY. (Jin10)