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Goldman cuts USD/JPY targets, sees yen at 150 in a year

Analysis Summary

Goldman Sachs trimmed its USD/JPY forecasts to 158 (3 months), 155 (6 months), and 150 (12 months), citing faster BOJ tightening and speculative repatriation inflows. The bank views long yen positions as a recession hedge and foresees intervention capping dollar gains. Tactically, Goldman prefers selling the euro against the yen over direct dollar bets. Click below to learn more about USD/JPY

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Goldman cuts USD/JPY targets, sees yen at 150 in a year

Analysis Summary

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