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Citi: Potential Target Exchange Rate in US-Japan Trade Deal Pegged at 120 Yen per Dollar
2025-04-22 /
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Author：小编
Citigroup anticipates that the yen will appreciate against the dollar in anticipation of forthcoming US-Japan trade negotiations, with a plausible compromise rate hovering around 120 yen per dollar. This prediction stands despite the US potentially aiming for a rate of 100 yen per dollar. On Tuesday, the yen briefly surged to 139.89 yen per dollar. Citi emphasizes that the Bank of Japan's advancement towards policy normalization will further bolster the yen, a development that might incentivize the Trump administration to refrain from imposing tariffs on Japan.
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