JPY May Weaken Vs USD More Than Previously Expected, Goldman Sachs Says

Goldman Sachs raised its USD/JPY forecasts, given the recent adjustments to its prediction for fed-funds rate, revisions to its U.S. fixed-income projections, and ‘careful’ BOJ policy communication.

Goldman Sachs raised its USD/JPY forecasts, given the recent adjustments to its prediction for fed-funds rate, revisions to its U.S. fixed-income projections, and ‘careful’ BOJ policy communication.