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CA: bearish on JPY vs. USD and EUR

According to strategists at Credit Agricole, in the coming weeks the Japanese yen will fall further against the USD and EUR. 

In their view, risk appetite on the market will keep rising. "This is not only due to easing tensions as related to Syria. There is also scope for global growth expectations to adjust higher", analysts believe. What's more, the bank expects the BoJ to stay ready to ease policy further. 

 

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