Suntory CEO says Yen May Weaken to 170 Per Dollar | Forex Factory

  • Suntory CEO says Yen May Weaken to 170 Per Dollar

    From youtube.com/markets

    Suntory CEO and the chairman of Japan Association of Corporate Executives Takeshi Niinami said the yen may weaken to 170 yen per dollar if the central bank sticks to a policy that's keeping the interest rates low. Speaking exclusively to Bloomberg, Niinami said the Japanese economy should be driven by the private sector instead of state finance.
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Cdfx
Sep 9, 2023 1:35am
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The first sign that Yen is about to turn big time.
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fontu
Sep 9, 2023 10:59am — Edited
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looks cny weaken against usd , but not above 8/usd so soon ! and what 170 against usd now only 7.34!
got it , talking about japanese yen , likely usdjpy bull towards 175 , not in straight line though
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Trader#50F3
Sep 8, 2023 12:26am
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This is a conditional statement, but very good clue to yen performance soon.
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