BITPRISMIA
BCA Research predicts a multi-year rally for the Japanese Yen, driven by fundamental economic rebalancing and policy normalization by the Bank of Japan.
Potential leadership changes in Japanese politics, particularly the rise of Sanae Takaichi, could lead to significant shifts in monetary policy and impact the stability of the Japan Yen, affecting global forex markets.
UBS provides a strategic guide for individuals and institutions to manage currency allocation in global markets, emphasizing disciplined investment diversification and resilience against market fluctuations.
The US and China are likely to extend their tariff truce following positive talks, which could reduce economic uncertainty and benefit global markets, businesses, and consumers.
The Japanese Yen has strengthened against the US Dollar due to political stability from recent elections and macroeconomic factors, while the US Dollar's retreat also contributed to the Yen's rise.
Goldman Sachs has updated its USD/TRY forecast, predicting the Turkish Lira will depreciate to 35.00, 38.00, and 40.00 against the US Dollar over the next 3, 6, and 12 months respectively, reflecting Turkey's economic conditions and policy shifts.
Asia FX initially dipped due to strong US CPI data but demonstrated resilience, stabilizing through regional economic strengths and central bank policies, though future stability remains dependent on multiple factors.
The US Dollar continues to maintain its dominance despite predictions of its decline, and the potential return of Trump's economic policies could further strengthen its position.