USD/JPY Losses Viewed on Wait-and-See Policy, Waning Carry Interest

The ongoing depreciation in the USD/JPY exchange rate may continue to fuel speculation for a currency-intervention, but the Federal Open Market Committee (FOMC) and the Bank of Japan (BoJ) may have little choice but to endorse a wait-and-see approach over the coming months amid the growing uncertainties surrounding the world economy.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/07/01/USDJPY-Losses-Viewed-on-Wait-and-See-Policy-Waning-Carry-Interest.html?DFXfeeds=forex:fundamental:article:special_report