8 Nov 2016
Whoever wins the US elections, the Yen looks set for gains – BBG
Bloomberg carries an article on the outlook for yen post-US elections, noting that the yen is looking like a long-term winner after the US presidential vote, irrespective of whoever wins the elections.
According to the latest Bloomberg survey of strategists, “The most accurate currency forecasters saw steeper gains in the yen should Trump win than declines in the event of a win for Clinton.”
“The median projection has the currency rising to 103 per dollar by March 31. That level hasn’t shifted since analysts last boosted their yen estimates early last month.”
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