Home Goldman Sachs: BOJ has limited options to fight JPY appreciation

Goldman Sachs: BOJ has limited options to fight JPY appreciation

Published date: 23 Sep. 2019 | 02:22

Goldman Sachs analysts expect the USD/JPY pair to drop to 103 in the next three months. Currently, the pair is trading at 107.68, down 1.82% on a year-to-date basis.

Key points

Geopolitical risks make Yen the best G10 long.

The Bank of Japan is likely to extend forward guidance in October.

The BOJ hsas limited options to fight JPY’s ascent.

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