USD/JPY: Buy the dips – Deutsche Securities

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Bloomberg came out with the key headlines reported by Deutsche Securities in Tokyo on the USD/JPY and BoJ policy outlook.

Key Points:

May thus be interest from investors to buy on dips.

See no change in the trend of USD/JPY rising in time.

Cite Japan-U.S. interest rate differentials widening.

A precondition for higher USD/JPY is the continuation of Bank of Japan easy monetary policy.

Look for confirmation of this at next week's BOJ meeting.

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