USDJPY: Goldman Sachs: Reduced 12-month USD/JPY forecast to 140

Goldman Sachs Data reported on December 18 that Goldman Sachs has revised its forecast for next year's exchange rate and expects the US dollar to weaken further.

“The biggest revisions to our forecasts are on exchange-sensitive currencies like the Japanese yen,” strategists including Danny Suwanapruti and Michael Cahill wrote in a Dec. 15 report. , the Swedish krona and the Indonesian rupiah, these currencies will struggle under a 'keep interest rates higher for longer' regime. "

Goldman Sachs forecasts USD/JPY three-month target at 145, six-month target at 142 and 12-month target at 140; previous forecasts for the same period were 155, 155 and 150 respectively.

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💵USDJPY SELL NOW 142.21💵

✅TP1 142,00
✅TP2 141.80

❌SL 142.60