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Goldman Sachs Bump Their USD/JPY Forecast Higher

JPY
  • Reuters cite Goldman Sachs as revising up their forecasts for USD/JPY to Y155 in three months (up from Y150), Y155 in six months (up from Y135) and Y140 in twelve months (up from Y125).
  • They write that the forecast change is due to a more persistent US hiking cycle than initially anticipated.

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