MUFG say they are expecting a Bank of Japan rate hike sooner than the market is, but have shifted their December forecast to January next year.
Analysts cite the political instability in Japan for the change.
MUFG do drop a caveat in, though, saying a December rate hike is a possibility if JPY falls sharply after the US election.
This article was written by Eamonn Sheridan at www.forexlive.com.
