Ashraf on FT Video About USDJPY

Ashraf tells the FT's Investment Editor John Authers why the USDJPY is particularly powerful and could extend to 108.  Never since the USD was freely floated has USDJPY rallied for 8 consecutive months. Aside from some historical technical points, the choice of the Bank of Japan governor, the disinflationary tendency of the world economy and the positioning of the Federal Reserve are among the key forces underpinning the rally ahead. FULL VIDEO