Yen will continue to weaken under BoJ pressure, says Nomura

USD-JPY November 5

Download this week's currency forecasts index

Nomura has topped this week's one-month currency forecast rankings after accurately predicting the yen would weaken as a result of more aggressive monetary policy from the Bank of Japan (BoJ) in response to political pressure on the central bank to improve economic conditions.

On September 28, with USD/JPY trading at 77.6 and EUR/JPY at 100.42, Nomura forecast the two pairs to rise to 80 and 102 respectively, accurately reflecting spot rates on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: