Analysts at the US investment banking giant, Goldman Sachs, believe that buying Yen as a hedge against a global recession is the best bet. However, they do not see a global recession coming in the near-term. Key Quotes: “A global recession is likely to see falling US yields alongside falling US stocks. USD/JPY the most likely pair to weaken. US/yen falls during risk-off periods as investors move into the safe-haven yen. BOJ yield curve control policy fixes nominal yields in Japan, thus a US yield fall makes a more favourable Japan / US differential. Not expecting a global recession in the near term. But do not expect a drop in activity ex-US.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Asian shares tentative after Fed minutes, Hang Seng charts death cross FX Street 4 years Analysts at the US investment banking giant, Goldman Sachs, believe that buying Yen as a hedge against a global recession is the best bet. However, they do not see a global recession coming in the near-term. Key Quotes: "A global recession is likely to see falling US yields alongside falling US stocks. USD/JPY the most likely pair to weaken. US/yen falls during risk-off periods as investors move into the safe-haven yen. BOJ yield curve control policy fixes nominal yields in Japan, thus a US yield fall makes a more favourable Japan / US differential. Not expecting a global recession… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
