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Forex News JPY: Decoupling With NKY On Mixed Flows Before Recoupling Later; Where To Target - BofAML

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Peter

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Bank of America Merrill Lynch FX Strategy Research discusses USD/JY outlook, arguing that mixed equity flows might have led to the recent decoupling in USD/JPY and the Nikkei 225 index (NKY) as the latter has clearly outperformed the former this year.

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