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Forex pairs in this Article » USD/JPY
FXstreet.com (Barcelona) - Nomura strategist Yujiro Goto comments that he does not judge that the recent slowdown in foreign bond investment suggests Japanese investors have become pessimistic about JPY weakness remaining.

Key Quotes

“In fact, our latest client survey at our seminar in Tokyo suggests that about 80% of Japanese investors expect USD/JPY to trade around 110 or above by end-2014.”

“Expectations for JPY weakness remain strong among Japanese investors, and we expect them to gradually increase foreign bond investment this year.”

“The gradual widening in the yield differential between the US and Japan also encourage them to invest in foreign bonds.”
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