Eisuke Sakakibara, a former top currency official at Japan’s Finance Ministry, also known as Mr. Yen for his ability to influence the exchange rate level, crossed the wires last minutes, noting that he sees USD/JPY falling below 100 levels by 2017-end.
USD/JPY could fall below 100 due to Trump’s perceived support for weak dollar
Japan should not intervene even if USDJPY falls to around 100
Difficult to adjust trade imbalances through ccys
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