Deep Tide TechFlow News, April 27 — German commercial bank analyst Falkmar Bower stated in a report that if the Bank of Japan keeps interest rates unchanged on Tuesday and remains cautious about future rate hikes, the yen could weaken. He indicated that the market expects the Bank of Japan to give a fairly clear signal suggesting a possible rate hike in June — at least assuming the Iran conflict eases by then. If this signal fails to materialize, the Japanese Ministry of Finance's warnings about intervention to support the yen will be "less helpful." Bower said that in this scenario, the USD/JPY could rise above 160. (Jin10)

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