Forex Flash: USD/JPY will stay a buy on dips into next BoJ - UBS

FXstreet.com (Barcelona) - USDJPY has recently printed another fresh 30-month high at 89.68, following more headlines from Japanese press during the weekend. As such, and according to Mansoor Mohi-uddin, Head of Foreign Exchange Strategy at UBS Macro Research: "USDJPY will stay a buy on dips into January's Bank of Japan meeting," next Tuesday the 22th.

"It's also set for another leg higher from April when a new governor starts," the analyst adds.