- Goldman Sachs expects the yen to strengthen to 150 per dollar over the next 12 months, a full reversal of the bearish stance it took in July.
- The bank attributes the more constructive yen view to domestic policy shifts and potential capital repatriation strengthening the currency's outlook.
Quotes
“Goldman Sachs Group Inc. expects the yen to appreciate to 150 per dollar over the next 12 months, reversing a bearish stance adopted in July as domestic policy shifts and potential capital repatriation strengthen the currency's outlook.”