Reported 6 days ago
Following two years of decline, analysts are optimistic about a rebound in the Japanese yen, anticipating a narrowing interest-rate gap between Japan and the US due to potential rate hikes by the Bank of Japan and cuts by the Federal Reserve. Predictions suggest the yen could rise to 130 against the dollar by the end of 2025; however, ongoing volatility and the impact of Donald Trump's presidency pose significant uncertainties. As hedge funds express bearish sentiment, strategists remain cautious yet hopeful for a yen recovery amidst changing monetary policies.
Source: YAHOO