Goldman: The Japanese yen is the best hedging of stagnation and drawings

Global Investment Bank “Goldman Sachs” expects the yen to rise to about 140 against the dollar this year as it increases concerns about the growth of the US economy and customs duties demanding the safest assets. Irele offers investors the best hedging tools in the event of an increased possibility of stagnation of the US economy. The arrival of the Japanese currency up to 140 against the dollar is 7% over the current level, and the bank’s expectations are more optimistic than the expected average of the end of the year of 145 in a “Bloomberg” survey for analysts’ opinions. Elaine as a hedging means during an interview in New York: “The yen tends to achieve better results or its value increases when real interest rates and shares fall in the United States.” The Japanese currency is “a more attractive hedging agent to face negative expectations about the growth of the US economy compared to what it was in the past.” Goldman Sachs has issued his expectations, while President Donald Trump is preparing to reveal comprehensive customs duties on Wednesday-a movement that can warn ‘Morgan Stanley’ and former federal reserve officials officials that it could negatively affect the growth of the world’s largest economy. However, there is no consensus on the assets that will achieve well with the intensification of the World Trade War, as hedge funds continue to bet on the decline of the yen of its current levels. US interest predictions, “Goldman Sachs” experts have recently changed their expectations for US monetary policies that the Federal Reserve reduces interest rates three times instead of twice, based on their expectations that Trump’s customs duties will negatively affect the economy. The bank also reduced its goal for the S&B500, and pointed out concerns about growth and customs duties. Although customs duties are a threat to the economy, Trevidy believes that US economic data, such as the number of new posts released on Friday, is considered the most important factor affecting the US dollar greatly. The recent movements support its position: The yen has risen after issuing vacancies in the United States, which added evidence that the labor market has a gradual slowdown. He said: “If the US labor market data violates expectations, it will affect foreign exchange investors more as the global market investors focus strongly on US growth expectations. For this reason, the yen is a very good refinement tool.” However, the risk of taking off yen is some risks that need to be taken into account before making the trade decision. The value of the Japanese currency has fallen over the past four years as a result of the expansion of the interest rate gap between Japan and the United States, and the value of the yen has dropped to 161.95 against the US dollar in July, which is the lowest level since 1986. The separation also reduced its pessimistic investment centers around the Yen this year, but it betrayed the Open shares centers, except for some periods, the spices betrayed the spices. Weakness of the Japanese currency since early 2021. Bloomberg experts said: Mark Cranefield, a strategic analyst at Bloomberg Markets Live, says: “The road of the dollar against the yen is declining due to the difference in the return between US bonds and Japanese bonds after the Bank of Japan. The yen at 155, 150 and 145 levels would trade over a period of three months, six months and 12 months.