The Traderszone Network

Published in TZ Latest News 7 December, 2015 by The TZ Newswire Staff

Almost half of Japanese firms expect USD/JPY at 130 next year

That’s from the latest Reuters Corporate Survey of Japanese firms
More:
– 90% say its going to 125
(well, its nearly there right now … but I digress)
“The weak yen has led to hikes in the prices of goods and
wages have not caught up – hurting households’ purchasing power,
so the yen at 130 or more would do more harm than good to Japan
Inc,” said Hidenobu Tokuda, senior economist at Mizuho Research
Institute, who reviewed the survey results.