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Forex Flash: Japan’s Tankan survey due shortly; another reason to dump the Yen? - Westpac

By FXstreet.com,  December 13, 2012, 06:37:00 PM EDT

FXstreet.com (Barcelona) - Japan's Tankan survey is due at 23.50GMT, and ahead of the Bank of Japan's meeting on 20 Dec. , consensus is very bearish, says Sean Callow, Westpac FX strategist, "for those hoping for yet another reason to sell JPY" he says. Westpac is looking for the large manufacturers index to slide to -10 from -3, "for what would be the weakest reading since March 2010" he adds.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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