Bloomberg with remarks from Shigeto Nagai, former director general at the Bank of Japan.
Citing:
- China's economic slowdown
- U.S.-China trade war
- Brexit
could all send global investors fleeing to the yen
Says USD/JPY could drop to 95 in H1
- Bank of Japan would likely have to respond even if it couldn't do much about it
Mmmm, K. LInk for more