Quotes from Danske Bank:
-The Bank of Japan(BoJ) expanded its QE programme aggressively at its previous meeting and we maintain our view that it is unlikely to ease further. Most likely, there will now be less fiscal headwinds for the Japanese economy in 2015 and 2016.
-This raises the probability that the BoJ will have to exit its aggressive QE programme earlier, although it is unlikely to happen in 2015. Hence, in isolation, a postponement of the consumption tax hike weakens the case for a weaker yen in 2016.
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