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Goldman Sees Yen Advancing to 150 in Reversal of Bearish Stance

Key Points

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.

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.
Goldman (ORG) Yen Advancing (PERSON) Goldman Sachs Group Inc. (ORG)
Originally published by Bloomberg Markets Read original →