USD/JPY: Neutral view amidst global banking turmoil – Morgan Stanley USDJPY Currencies Banks
"We turn neutral for JPY against USD on the back of the recent global financial stability concerns.”
“While the BoJ continues to be patient to see wage-driven inflation, we see limited room for the market to reprice the"With the risk of the market pricing in further policy convergence, we close our long USD/JPY position and turn neutral until things become much clearer." Information on these pages contains forward-looking statements that involve risks and uncertainties.
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