Japanese Firms Have Buffer Before Stronger Yen Hits Earnings

Japanese Firms Have Buffer Before Stronger Yen Hits Earnings

The yen’s sharp rally sparked a selloff in Japanese equities Monday but the currency failed to breach the level that many companies use as the basis for their profit forecasts, giving stocks scope to rebound.

The yen’s sharp rally sparked a selloff in Japanese equities Monday but the currency failed to breach the level that many companies use as the basis for their profit forecasts, giving stocks scope to rebound.
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Bloomberg — Markets (EN)




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