Barclays: USD/JPY is poised for continued gains; we recommend continuing to go long.

According to Odaily Planet Daily, Barclays economists stated in their quarterly outlook that the yen is likely to remain under pressure given Japanese Prime Minister Sanae Takaichi's policy stance leaning towards "Abenomics." Given the yen's high sensitivity to fiscal risks, further fiscal expansion is expected to keep the USD/JPY pair at higher levels. Barclays recommends investors continue to hold long positions in USD/JPY. (Golden Ten)