The recent gains in the USD/JPY are not accompanying fundamental factors therefore it should soon fall on adjustments, says Junya Tanase, chief FX strategist at JPMorgan Chase. "The current yen-weakening momentum is so strong it would not be surprising if the dollar gains Y1 or Y2 from here, but our view is unchanged that the dollar should soon pull back," he says. The pair is at 82.47.
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