Goldman Sees Yen Advancing to 150 in Reversal of Bearish Stance
Goldman Sachs has reversed its bearish stance on the Japanese yen, now predicting the currency will appreciate to 150 per dollar over the next year due to policy shifts.
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.
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