MUFG say they’re anticipating a Financial institution of Japan price hike prior to the market is, however have shifted their December forecast to January subsequent 12 months.
- Analysts cite the political instability in Japan for the change.
MUFG do drop a caveat in, although, saying a December price hike is a risk if JPY falls sharply after the US election.
This text was written by Eamonn Sheridan at www.forexlive.com.
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