The Japanese yen's plunge is the most 'textbook-driven' currency move in 30 years, analyst says

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The Japanese yen's plunge is the most 'textbook-driven' currency move in 30 years, analyst says
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Japanese yen's plunge is the most 'textbook-driven' currency move in 30 years, analyst says

Koll agreed with that analysis, saying that the likelihood of the central bank raising rates "is close to nil."

When asked about Japan's inflationary outlook for the coming months, Koll said the BoJ's forecast for consumer price inflation next year could "go back down to below 2%," and he would agree with that prediction.that reaching 2% inflation would not be enough.

Air-conditioning manufacturing company Daikin is another one investors should look out for, he added.

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