Analysts from Goldman Sachs Group Inc. predict that the yen could significantly weaken in light of the “dovish” policy being pursued by the Bank of Japan. According to their assessment, the yen-to-dollar exchange rate could reach the 155 mark within the next six months, marking the lowest level in the past 30 years, dating back to 1990.
This movement is attributed to the Bank of Japan’s moderate approach to monetary policy and favorable prospects for economic growth in the USA. It’s worth noting that there are certain risks, such as inflation and other factors, that could impact the realization of this forecast.
