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Fanon Credit: The United States and Japan will be close to 145 by the end of the year

Sina Financial News Fanon Credit said that the dollar is expected to rise to 145 against the yen by the end of the year (this year) after the Bank of Japan kept its policy framework unchanged and the market did not react adequately to the Fed’s increased bets on interest rate cuts. David Forrester, the bank’s senior currency strategist in Singapore, said there was speculation that the BOJ could change its rhetoric today to prepare the market for policy changes in the coming months. And with no change in the BOJ’s rhetoric, the market’s expectation of an end to its negative interest rate policy in April 2024 appears to be too aggressive, which will put pressure on the yen.

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