Asset Management One Sees Gains in Yen to 150 on April Rate Hike

Mizuho Financial Group Inc.’s asset management unit expects the yen to strengthen beyond 150 per dollar after an April rate hike by the Bank of Japan, said Shigeki Muramatsu, the...

By Hideyuki Sano · Bloomberg Markets

Mizuho Financial Group Inc.’s asset management unit expects the yen to strengthen beyond 150 per dollar after an April rate hike by the Bank of Japan, said Shigeki Muramatsu, the firm’s chief investment officer.