23 Jan 2014
Flash: JPY on demand on tax hike implementations - Scotiabank
FXstreet.com (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank note the performance of the Yen in relation to the BoJ monthly assessment.
Key Quotes:
"The BoJ monthly assessment highlighted that there has been a front loaded increase in demand prior to the consumption tax hike being implemented. There were also a slew of media articles on Abe’s progress today."
Key Quotes:
"The BoJ monthly assessment highlighted that there has been a front loaded increase in demand prior to the consumption tax hike being implemented. There were also a slew of media articles on Abe’s progress today."