Yen strength has been boosted by a better GDP which is hinting that ABE 2% inflation is near, while the Dollar is losing steam due to the slow job recovery. Further strengthening of Dollar will impact the export volume and in turn will worsen the labour situation. Coupled with the Russian situation, UJ will dip further.
This is just my 2-cents views. Will be glad to hear other comments.
This is just my 2-cents views. Will be glad to hear other comments.