StanChart’s Englander Betting Against Yen ‘Short-Term’
Steven Englander of Standard Chartered Bank expects the Japanese yen to weaken in the short term. He attributes this outlook to the strength of the US dollar and uncertainty regarding the Bank of Japan’s future interest rate hikes.
Steven Englander, global head of G10 FX research at Standard Chartered Bank, citing the strength of the US dollar and uncertainty about future rate-hiking commitments from the Bank of Japan, says that he wants to bet against the yen “short-term.” (Source: Bloomberg)
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