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Almost half of Japanese firms expect USD/JPY at 130 next year

Discussion in 'Market News' started by ForexLive, Dec 7, 2015.

  1. ForexLive

    ForexLive Forum Member

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    That's from the latest Reuters Corporate Survey of Japanese firms More: - 90% say its going to 125 (well, its nearly there right now ... but I digress) "The weak yen has led to hikes in the prices of goods and wages have not caught up - hurting households' purchasing power, so the yen at 130 or more would do more harm than good to Japan Inc," said Hidenobu Tokuda, senior economist at Mizuho Research Institute, who reviewed the survey results.

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