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Goldman Sees Yen Advancing to 150 in Reversal of Bearish Stance
Source: Bloomberg
Currency & FXMonetary PolicyAnalyst Insights
Goldman Sachs expects the Japanese yen to appreciate to ¥150 per dollar over the next 12 months, reversing its bearish position adopted in July. The bank cites shifting domestic policy and potential capital repatriation as catalysts for yen strength, implying a more constructive outlook for Japan’s currency.
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