There is room for a "lot of movement" for the yen, according to Trinh Nguyen, senior economist for emerging Asia at Natixis. "The reshoring of not just Japanese investors, the hiking of interest rates, and al
so on top of that, the fact that JGB yields are very, very attractive and the yen is undervalued," Nguyen explains. "All these factors I think means that this time it really is different." (Source: Bloomberg)