Nomura Sees Yen Falling More Than 10% on BOJ Negative Rates

  • March U.S. data, Japan investment plans key to currency moves
  • No intervention seen until dollar falls below 105 yen: Ikeda

Can Yen Withstand BOJ's Move to Negative Rates?

Nomura Holdings Inc. is sticking to its forecast for the yen to weaken to 130 per dollar by year-end on the view Japan’s negative interest-rate policy will prompt investors to buy more overseas assets and U.S. borrowing costs will rise.  

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