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

Author: Eamonn Sheridan | Category: Central Banks

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

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