A Barclays piece on USD/JPY (from Friday)
- Says the downside may be limited due to the potential for more Bank of Japan easing & jawboning
- Barclays note the jawboning when it dipped in the middle of January
- They do say the risks of further yen appreciation cannot be ruled out, are targeting 115.95 then 115.65
- They are bearish while below 118.85 area
