Year-end widening in yen-dollar basis swap expected to be more contained – BofA
Summary
By sueyangfx.com September 28, 2020 at 08:06AM BofA argues that dollar demand this year-end isn’t quite what it used to be The firm’s chief rates strategist in Tokyo, Shuichi Ohsaki, says that the seasonal widening in yen-dollar 3-month cross currency […]
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September 28, 2020 at 08:06AM
BofA argues that dollar demand this year-end isn’t quite what it used to be
The firm’s chief rates strategist in Tokyo, Shuichi Ohsaki, says that the seasonal widening in yen-dollar 3-month cross currency basis swap is expected to be contained, thus not really reflecting strong demand for dollars by Japanese players.