Yen could weaken to ¥159.50 this week; Resona Holdings' Iguchi Keiichi (井口慶一) wary of reaction after U.S. CPI

The story

There is concern about the market reaction after the release of the US consumer price index (CPI) in relation to movements in the US dollar/yen market.

Iguchi (井口) of Resona Holdings said that the yen exchange rate could fall to ¥159.50 within the week.

At a glance

PeriodExpected within the week

LevelDownside to ¥159.50

PersonIguchi (井口) of Resona Holdings

ThemeCaution over the market reaction after US CPI

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