Jun 6, 12:30 PM

Japan’s Former FX Chief, Nomura Forecast Yen Strengthening to 135-140, USD/JPY Could Drop to 136 by Year-End

Japan's former top foreign exchange diplomat, Takehiro Furusawa, has projected that the Japanese yen will strengthen to a range of 135 to 140 against the U.S. dollar by the end of 2025. This forecast is based on the narrowing interest rate gap between the United States and Japan. Additionally, Nomura analysts have indicated that Japanese investors are shifting away from U.S. assets, which, combined with implicit pressure from Washington regarding exchange rates, could further support the yen's appreciation. Nomura sees the risk of the USD/JPY exchange rate dropping to 136 in the coming months. The yen's expected rise is attributed primarily to these economic factors rather than political influences.

#Japan #Takehiro Furusawa #Japanese #United States #Nomura #Washington

Written with ChatGPT (GPT-4).

Sources

AsianFin 亞財社@AsianFinPress
6 months ago
🇯🇵 Yen Could Strengthen to 135–140 by Year-End, Says Japan’s Former FX Chief — Not Because of Trump https://t.co/XxrFZ5GAL6 Japan’s former top currency diplomat predicts the yen will strengthen to around 135–140 per U.S. dollar by the end of 2025, driven mainly by a narrowing https://t.co/t2iFNC2IYp
ForexLive@ForexLive
6 months ago
Nomura sees the risk of a USD/JPY drop to 136 https://t.co/LvKA3Ve9KB
Bloomberg@business
6 months ago
Japanese investors pivoting out of US assets — combined with implicit pressure from Washington over the exchange rate — could push the currency higher against the dollar in the coming months, according to Nomura https://t.co/DWYvRtvSJD

Japan’s Former FX Chief, Nomura Forecast Yen Strengthening to 135-140, USD/JPY Could Drop to 136 by Year-End

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