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Could the Japanese yen be a good reflation trade?

Expectations of a post-pandemic global economic recovery are underscoring a host of reflation trades. Investors seek to identify those assets which stand to gain the most from the joint impact of fiscal stimulus and central bank monetary policy support that is being deployed to mitigate the impact of Covid-19 on the world economy. But value may sometimes be found in less obvious places. In the currency space, the Japanese yen may be a case in point. At first sight, it might take some…

Read the original article at South China Morning Post

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