Japan Monetary Base (YoY) above expectations (28.3%) in January: Actual (28.9%)

Japan Monetary Base (YoY) above expectations (28.3%) in January: Actual (28.9%)
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USD/JPY en-route to 125.00, sooner than later? - Nomura

Yujiro Goto, FX Strategist at Nomura, expects the decision by the BOJ on negative rates to reaccelerate JPY depreciation trend, calling for 122.00 by end of March and 125.00 by year end, although adding that it would be not surprising if these targets are reaches much sooner.
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