More from the Bank of Japan (BOJ) Tankan report, this time the ourlook for USD/JPY from Japanese firms:
- Average USD/JPY exchange rate expected by major Japanese electronics makers for fiscal year 2014 (which ends March 31 of 2015) is 100.68. It was 100.04 in the June survey.
- Large electronics firms forecast USD/JPY average at 101.08 in the first half of fiscal 2014, 100.30 in the second half
- Major automakers expect the dollar-yen rate to averageY100.87 for fiscal 2014 (100.07 in June) & forecast average 100.98 in the first half and 100.77 for the second half
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Earlier from the Tankan:
- Bank of Japan (BOJ) Q3 Tankan results
- More – BOJ Tankan: Japan Corporate Sentiment Improves
- More – BOJ Tankan – ” sharp deterioration in business conditions in the non-manufacturing sector”
- Japan’s Kuroda says the Tankan results were better than expected
- More from the Bank of Japan (BOJ) Tankan – Firms inflation expectations
