Saxo Bank on the yen's decline

Author: Saima Farooqi

Source: FX Week | 28 Nov 2012

Categories: Central Banks

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John Hardy, global head of FX strategy at Saxo Bank shares his views on the G-3 currencies

Hardy says that a breach of the 84-85 level spells structural weakness of the yen as Japanese authorities act to support major exporters.

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