Japanese investors show stronger expectations for yen decline

A snippet from Barclays survey of Japanese bond investors on the currency:

• The USDJPY outlook DI (percentage forecasting JPY appreciation minus percentage forecasting depreciation) fell to -20.0 from -15.0, indicating stronger expectations for JPY depreciation.
• Once again, this reflected a shift from expectations for no change (to 20.0% from 35.0%) to projections for JPY depreciation (to 50.0% from 40.0%).