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The Nexus
BUSINESSJul 6 · 02:40 UTCBLOOMBERGRuth Carson

Goldman Cuts Yen Forecast to 165 Per Dollar, Likes Carry Trades

Goldman Sachs has reduced its forecast for the yen, predicting 165 yen per dollar, and expressed support for carry trades. The firm's analysis highlights a shift in currency strategy favoring such trades despite the lower yen projection.

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