Bank of America Predicts 6% Yen Gain Against Dollar by 2026
Bank of America analysts forecast that the Japanese yen will strengthen by 6% against the US dollar by the end of 2026. This prediction suggests a significant appreciation for the yen in the coming years.
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Yen Seen Gaining 6% Against Dollar by End of 2026, Bank of America Says
The Japanese yen will strengthen about 6% against the dollar by year-end following coordinated currency intervention, according to revised expectations from Bank of America Corp.
By Anya Andrianova
Read full article →Bank of America sees yen jumping 6% by end of 2026
Analysts at the bank see the Japanese currency advancing to ¥149 per dollar on joint action between Tokyo and Washington, and the prospect of a rate hike in coming months.
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