Yen Predicted to Weaken to Lowest Since 1986 Amid Rate Disparities Alvin Tan, head of Asia FX strategy at RBC Capital Markets and the top currency forecaster, predicts the yen could weaken to 165 per dollar, a level last seen in 1986. Despite Japan’s potential interventions to support its currency, the significant interest rate gap between Japan and the U.S. continues to drive the yen’s decline. Tan suggests that effective intervention would require coordination with the U.S., as the currency is expected to breach the 160 level and possibly reach 165 amid sustained bearish sentiment. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Swiss Central Bank Cuts Rates, Getting Ahead of Global Peers READ MORE Gold Rallies as Fed's Powell Hints at Inflation Progress READ MORE Wall Street Watch: U.S. Regulators Set to Rein In Executive Bonuses Amid Financial Scrutiny READ MORE Commodities Cool Off Ahead of Key Economic Data READ MORE U.S. Economy Surges Past Gloomy Forecasts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment