Yen May Stabilize at 157 Against Dollar, Expert Predicts

NLI Research Institute's senior economist, Tsuyoshi Ueno, forecasts that the yen could stabilize at around 157 against the U.S. dollar over the next three months. According to Jin10, Ueno anticipates that the Middle East situation will stabilize in the spring. However, if conflicts persist, leading to a continuous rise in oil prices, coupled with heightened expectations of U.S. monetary policy tightening, the yen may further depreciate. Despite potential government intervention, the yen's depreciation is supported by economic fundamentals, suggesting it might test new lows.