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Nikkei on the 115 - 125 range for USD/JPY - lines in the sand?

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    A piece in the Nikkei overnight on the BOJ and the USD/JPY One reason to assume that threshold is exporters. Toyota Motor, for example, has assumed an average exchange rate of 115 yen to the dollar for the latter half of fiscal 2015. Many investors believe that the government and BOJ will not allow corporate earnings, the catalyst for a positive economic cycle under Abenomics, to suffer.

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