Strategists: Yen may fall due to political uncertainty
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最新报道：According to a report from Bijie.com, strategists at Pictet Asset Management said the yen faces the risk of depreciation against the US dollar. They said political and economic uncertainty could put pressure on the yen. Last month's upper house election in Japan increased the risk of a hung parliament. Government bonds are also under pressure due to concerns about rising public borrowing. This could prompt the Bank of Japan to withdraw its quantitative tightening policy, which would be negative for the yen. They also said the dollar's weakness so far this year is somewhat excessive and should therefore undergo a period of consolidation.
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