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Monday, February 27, 2023

Fundamental: Goldman Sees Modest Yen Weakness From US Rates Despite BOJ Bets

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Alert Alert Feb 27, 2023, 3:35pm
 
Fundamental: Goldman Sees Modest Yen Weakness From US Rates Despite BOJ Bets
Pressure from the US bond market may lead to modest yen weakness in the short-term, outweighing any positive impact from speculation of a Bank of Japan policy shift, according to Goldman Sachs Group Inc. If markets continue to price in resilient US growth and more interest-rate hikes than expected, there is scope for further "tactical yen underperformance," ...
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