Yen's Recovery Needs Stronger Action

Goldman Sachs expects the downward pressures on the Japanese yen to reemerge if the economic and political conditions affecting it do not change. It pointed out that current factors do not guarantee the sustainability of the Japanese currency's strength. The bank emphasized that the ongoing rise of the US dollar and the reinforcement of American monetary policies could hinder the yen's stability, and the currency might experience further decline if the current circumstances remain unchanged.

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