Analyst: Trump's crackdown on the dollar increases risks, and the yen will attempt to reclaim the 150 level
According to Jinshi News, analyst Win Thin stated that the Trump administration is taking calculated risks; while currency depreciation is beneficial, the consequences could be dire if the situation spirals out of control. He pointed out that the weakness of the dollar is worth close attention, and the yen should see some recovery, attempting to reclaim the 150 level. The Bank of Japan is expected to raise interest rates by 50 basis points, while the Federal Reserve is anticipated to cut rates by 75-100 basis points.
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