USD/JPY: We see less scope for Yen depreciation in the short-term – Goldman Sachs – by anilpanchal7 USDJPY Banks YieldCurve RiskAppetite
ted Yen appreciation in the short-term. In doing so, the quote also justifies the apparent US growth and no imminent exit from the Bank of Japan’s imminent exit from the Yield Curve Control policy. That said, the US banker revised down its three-month and six-month price forecasts.
“Taken together, we see less scope for Yen depreciation in the short-term and have pulled forward the timing of appreciation,” adds Goldman. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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