BoJ Rate Hike Signals May Lift JPY Against USD Near Term
Rabobank forecasts USD/JPY at 159 in three months, contingent on faster BoJ hikes and a less hawkish Fed. Rabobank’s analysis suggests the Japanese Yen (JPY) requires a more hawkish Bank of Japan (BoJ) to reverse its decline against the USD. Ministry of Finance (MoF) inter