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Five reasons to buy USD/JPY - Deutsche Bank

Discussion in 'Market News' started by ForexLive, Jan 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Don't toss in the towel - Deutsche Bank says In a strategy note, Deutsche Bank advises clients to buy current USD/JPY dips arguing that it's too early to turn bearish on the pair as Japanese dip-buying and BoJ alertness should support USD/JPY around 118 though offer limited upside. The following are the main points in DB's rationale behind this call along with its target for this long USD/JPY trade.

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