Goldman Sachs says to buy yen (forecasts) - BOJ cannot stop its rise

Goldman Sachs economists on the Bank of Japan and the yen

• GS citing US data to come alongside geopolitical risk makes yen the best G10 long
• Goldman Sachs economists expect the BOJ to extend forward guidance in October
• But the BOJ has limited options to fight JPY appreciation

GS forecast USD/JPY to 103 in the next 3 months