Usd/jpy: Boj Stance Risks Renewed Yen Slide – MUFG

MUFG’s Derek Halpenny highlights that USD/JPY is grinding higher toward the 160 level as geopolitical tensions and a prolonged Strait of Hormuz blockade fuel inflation risks.

MUFG’s Derek Halpenny highlights that USD/JPY is grinding higher toward the 160 level as geopolitical tensions and a prolonged Strait of Hormuz blockade fuel inflation risks.