据Momoka Yokoyama报道，高盛集团预计未来12个月日元将升值至150日元兑1美元，扭转了7月采取的看空立场，因为国内政策转变和潜在资本回流增强了货币前景。
By Momoka Yokoyama Goldman Sachs Group Inc. expects the yen to appreciate to 150 per dollar over the next 12 months, reversing a bearish stance adopted in July as domestic policy shifts and potential capital repatriation strengthen the currency’s outlook.
策略师Karen Reichgott Fishman将公司12个月日元预测从165下调至150，同时将三个月和六个月目标分别上调至158和155。
Strategist Karen Reichgott Fishman revised the firm’s 12-month yen forecast to 150 per dollar from 165, while lifting three- and six-month targets to 158 and 155, respectively. The shift reflects the Bank of Japan’s faster pace of rate hikes and a greater likelihood of domestic capital flowing back into Japanese assets, she wrote in a report.
她在报告中写道，这一转变反映了日本央行加快加息步伐以及国内资金回流日本资产的可能性增加。
Strategist Karen Reichgott Fishman revised the firm’s 12-month yen forecast to 150 per dollar from 165, while lifting three- and six-month targets to 158 and 155, respectively. The shift reflects the Bank of Japan’s faster pace of rate hikes and a greater likelihood of domestic capital flowing back into Japanese assets, she wrote in a report.
Fishman写道：“这些因素共同提升了做多日元的吸引力，特别是为了防范衰退担忧的出现。”
“Together, these developments raise the attractiveness of being long JPY, especially to protect against an onset of recession fears,” Fishman wrote.
据Fishman称，更快的加息减弱了扩张性财政政策的通胀影响，并缓解了日元面临的压力。
Faster rate hikes have blunted the inflationary impact of expansionary fiscal policy and eased pressure on the yen, according to Fishman. While a shift in portfolio flows remains speculative, its growing probability creates “downside asymmetry” in USD/JPY, boosting the currency’s appeal as a portfolio hedge, she wrote.
她写道，虽然投资组合流向的转变仍属推测，但其概率上升在美元/日元中制造了“下行不对称性”，增强了日元作为投资组合对冲工具的吸引力。
Faster rate hikes have blunted the inflationary impact of expansionary fiscal policy and eased pressure on the yen, according to Fishman. While a shift in portfolio flows remains speculative, its growing probability creates “downside asymmetry” in USD/JPY, boosting the currency’s appeal as a portfolio hedge, she wrote.
高盛紧随美国银行，后者早前将年内预测修正为149日元兑1美元。
Goldman follows Bank of America Corp., which earlier revised its forecast to 149 per dollar by year-end.
周五，日元一度升至158.28兑1美元，此前财务大臣片山さつき表示，美国总统特朗普在与首相高市早苗会晤时共同表达了对日元疲软的担忧。高盛在短期内保持谨慎的战术偏向，倾向于做空欧元/日元。
The Japanese currency strengthened to as high as 158.28 per dollar on Friday, after Finance Minister Satsuki Katayama said US President Donald Trump shared concerns over the weak yen during a meeting with Prime Minister Sanae Takaichi. Goldman retains a cautious tactical bias in the near term and prefers shorting EUR/JPY.