Tohru Sasaki, head of Japan markets research at JPMorgan in Tokyo
Commenting today on USD/JPY
- We continue to think politics will be a main driver for dollar-yen this year
- Japan will soon realize that the peaceful weekend in Florida is over and face reality. The U.S.'s protectionism would create downward pressure on the dollar against funding currencies.
- Says he is "comfortable" with his call that the yen could climb past 100 by the end of 2017
via Bloomberg (more)