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Todays rate for the USD/JPY is 121.31 . Japans 1-year expected inflation is 1.2% . US 1-year expected inflation is 2.3%. What is the forecast

Todays rate for the USD/JPY is 121.31. Japans 1-year expected inflation is 1.2%. US 1-year expected inflation is 2.3%.

What is the forecast for the pair for next year? (Format for answer: XX.XX)

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