Barclays see support for the yen from the US-Japan trade deal:
- analysts point to comments from Bank of Japan Deputy Governor Uchida seeing a trimming of uncertainties and bring rate increases closer
A combination of diminished tariff-related uncertainty and accelerated BOJ rate-hike timeline is poised to support the yen in the near term.
Yen has been rising since Monday after the election news.
This article was written by Eamonn Sheridan at investinglive.com.
