BTMU don't believe in sustainable growth of the yen

BTMU currency analysts expect that the yen will lose up momentum for next month. The yen has stabilized after receiving support from the press conference of the newly elected US president Donald Trump which focuses on strengthening the protectionist trade policy.
The correction of the yen so far this year has been relatively small compared to its sharp decline, seen at the end of last year, analysts say. At this stage the bank analysts believe that the weakening of the yen is likely to be temporary and will be seen only in the short term. This will require a reversal in terms of initial optimism, the analyst added.
After Trump took office there was a rally. For comparison, the wave of optimism of investors who welcomed the introduction of Abenomics at the end of 2012, continued until 2014, experts write.