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2 Apr 2014
USD/JPY up, up and away? - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the strength of the USD/JPY.
Key Quotes:
"The dollar is trading at its best level against the Japanese since last January. It seems that the combination of Japan’s retail sales tax hike, easing of tensions in both Turkey and Russia, and the firm US data and higher US Treasury yields have lifted the dollar to near JPY104."
Key Quotes:
"The dollar is trading at its best level against the Japanese since last January. It seems that the combination of Japan’s retail sales tax hike, easing of tensions in both Turkey and Russia, and the firm US data and higher US Treasury yields have lifted the dollar to near JPY104."