JP Morgan and Bank of America in unison: The Japanese Yen falling to 160 is within reach
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JP Morgan and Bank of America predict that the Japanese Yen will fall to 160, marking an important milestone. Julia Wang from JP Morgan is closely monitoring the speed of the Yen's decline, as a too rapid and disorderly decline may trigger intervention. In addition, traders are also watching whether the Yen will fall to 170, and are speculating on whether the Bank of Japan will make a strong response. The recent sharp decline of the Yen has sparked speculation in the market
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