Nomura like lower for yen crosses - particularly short CHF/JPY and GBP/JPY ...Middle East

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Nomura like lower for yen crosses - particularly short CHF/JPY and GBP/JPY

Nomura on JPY crosses, specifically like short CHF/JPY:

cite yen positive carry vs. CHF due to Swiss National Bank policy rate lower than the Bank of Japan's

Also like short GBP/JPY:

    UK will find it difficult to launch a 'bazooka' stimulus like Germany has - see no large fiscal stimulus in this week's Spring Statement This article was written by Eamonn Sheridan at www.forexlive.com.

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