Usd/jpy: Tight Range as Boj Risk Underpriced – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/JPY is consolidating just below 160.00 after slightly hotter March Consumer Price Index (CPI) that leaves Bank of Japan (BoJ) expectations unchanged for now.

Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/JPY is consolidating just below 160.00 after slightly hotter March Consumer Price Index (CPI) that leaves Bank of Japan (BoJ) expectations unchanged for now.