Dollar/Yen is up following media reports that current Bank of Japan Deputy Governor Masayoshi Amamiya will be nominated as the next head of the central bank. Yen rates are stable, as traders appear to be awaiting the formal announcement. The Chinese Lunar New Year holidays are over, and Yen asset trading among Asian investors has picked back up.
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses recent media reports about BoJ leadership nominations and shares his outlook across markets in February. He also shares his views on spot Dollar/Yen, Yen rate, and Yen basis.
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