Goldman Sachs: Easing In July But JPY Strength Unlikely To Continue. We do not think the stronger Yen trend can continue for much longer. We expect the Bank of Japan to ease further given the very weak inflation outlook and the BoJ’s commitment to reflate the economy. Our economists expect a move at the July meeting, but, given the pressure on the currency and the deteriorating price outlook, a surprise monetary policy easing before the July meeting represents a non-trivial risk to our economists’ base-case forecasts. Deutsche Bank: No Easing But Go Tactically Long USD/JPY With A Tight Stop. We view further easing by ... (full story)