waybackarcade| Jane Foley, foreign exchange strategist at Rabobank: The yen may fall from 156 to 145 against the US dollar under the expectation of a Federal Reserve rate cut

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Rabobank predictswaybackarcadeIf the Federal Reserve cuts interest rates in September and December, the yen may strengthen against the dollar, and the dollar may fall from 156 to 152 against the yen, and may reach 145 in the long run.

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Jane Foley, foreign exchange strategist at Rabobank, predicts that if the Federal Reserve cuts interest rates, the yen may appreciate

Jane Foley of Rabobank pointed out that if the U.S. economy shows signs of weakness and prompts the Federal Reserve to cut interest rates in September and December, the yen may rise against the dollar. Foley analyzed that this situation will alleviate some of the upward pressure on the US dollar against the Japanese yen, especially as the Bank of Japan may raise interest rates further this year. It is widely expected that the Bank of Japan may accelerate the pace of interest rate hikes or scale back bond purchases. If the Bank of Japan's policy meeting in June signals future policy tightening, it is expected that the U.S. dollar/yen exchange rate will fall from the current level above 156 to 152 within a month and further fall to 145 in 12 months.