Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
You’ve probably come across various analytical texts dedicated to the Japanese yen many times this year. Experts are explaining why this currency has been decreasing, starting at a level of 130 yen for a dollar, then moving to 135, 140. Now, the USD/JPY rate is hovering around 146. Let’s try to find an answer to whether this figure is far from the maximum and when we can expect the yen's resurgence.
We would like to say that it’s time for changes, but to be honest, it doesn’t look like that, at least not in the second half of this year. The future course of events depends on two key factors, both related to central banks, yep. Experts don’t expect any significant changes in the next six months, but after that, different scenarios are possible, potentially favoring the Japanese currency.
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