Japanese Yen expected to weaken to 108.00 in Q2 – Bloomberg Survey
|According to the results of the latest Bloomberg survey of analysts, the Japanese Yen is seen heading to the 108 levels this quarter.
Key Findings:
Forecasts show that the Japanese Yen is expected to weaken in Q2.
Expect USD/JPY to rise to 108 this quarter.
Easing geopolitical tensions that are expected this quarter will reduce demand for safe-haven assets i.e. JPY.
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