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 Singapore – The World’s largest central bank gold buyer in Q1 2023 READ MORE Five Commodity Trends Shaping Global Markets READ MORE Gold Price Climbs to $2,577.50 as Rate Cut Expectations Grow READ MORE Metals Close Mixed on Final Trading Day — Gold Up 14% for the Year READ MORE Gold Prices Defy Traditional Market Drivers in Recent Rally, Says Expert READ MORE Add a Comment Cancel replyYour email address will not be published.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