WS #11505
Former Japanese FX official says yen is undervalued by up to 20% (should be around 130 per dollar), while Goldman Sachs revises forecast to 165 per dollar, as USD/JPY approaches 39-year highs.
Yen Weakness and Intervention Risks
Former Japanese FX official says yen is undervalued by up to 20% (should be around 130 per dollar), while Goldman Sachs revises forecast to 165 per dollar, as USD/JPY approaches 39-year highs.