Goldman Sees Yen Advancing to 150 in Reversal of Bearish Stance

Goldman Sachs Group Inc. expects the yen to appreciate to 150 per dollar over the next 12 months, reversing a bearish stance adopted in July as domestic policy shifts and...

By Momoka Yokoyama · Bloomberg Markets

Goldman Sachs Group Inc. expects the yen to appreciate to 150 per dollar over the next 12 months, reversing a bearish stance adopted in July as domestic policy shifts and potential capital repatriation strengthen the currency’s outlook.