USD/JPY likely to peak near-term then decline towards 107 In Q2 – Barclays

USD/JPY up 35 pips to 111.58 today
Barclays Research discusses USD/JPY outlook and
"J. While extraordinary
dollar liquidity demand and US fiscal stimulus expectations could limit
the scope for decline in USDJPY, downside risks to the pair is likely to
increase over time as the liquidity premium for the dollar normalizes
and market focus shifts to