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UBS Asset Management analyst Zhao Wenjie: If Japan intervenes in the foreign exchange market again, it will be a good opportunity to sell the Japanese Yen.
Kevin Zhao, an analyst at UBS Asset Management, stated that if Japan intervenes in the foreign exchange market again to support the yen, it would present a good opportunity to sell the yen. He also expressed doubt that the Bank of Japan's interest rate hike on Friday signals a hawkish policy shift.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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