JPY is supported by narrowed yield spreads and hawkish BoJ – Scotiabank
The Japanese Yen (JPY) is up 0.2% against the US Dollar (USD) and pushing toward the upper end of its recent range, supported by fundamentals and the relentless narrowing in US-Japan yield spreads, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. JPY is bullish on the day “Comments from BoJ policymakers are relatively rare when compared to…











