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Forex

Rabobank Sees US Dollar Gains Fading Against Yen

Guavy AI Editorial Team
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USD JPY
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Rabobank's three-month FX forecast predicts the US Dollar to Yen exchange rate will be at 154.00, lower than Friday's close near 156.88 after a week of solid US Dollar gains.

This forecast was set before Friday's Bank of Japan decision when the bank warned that an expected hike might fail to satisfy Yen buyers.

The Rabobank analysts expressed optimism about the economic reforms in Japan that can help sustain USD/JPY around current levels in the coming months.

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