Sell the yen on dovish BOJ expectations - Credit Agricole

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Buy USD/JPY dips From Credit Agricole: We expect any JPY upside from the current levels to prove unsustainable. This is regardless of the latest data indicating improving conditions. It must be noted, too, that the latest economic stimulus package had only limited market impact and that may be taken as a signal of being in the need to consider a more aggressive monetary policy stance if needed.

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