Mitsubishi UFJ: Sustained decline in the US and Japan requires fundamental changes
2026-08-03 14:14:39
According to CoinMeta, Mitsubishi UFJ Bank stated that for a more sustained decline in the US dollar against the Japanese yen, there needs to be a substantial change in fundamental conditions. Historical experience shows that joint interventions by the US and Japan usually occur around key turning points in the USD/JPY trend, but not every time do they take effect immediately; a true shift in trend often takes some time. It is anticipated that the Bank of Japan's interest rate hike pace will be faster than what the market currently expects, which is also one of the important reasons for predicting a gradual weakening of the USD/JPY exchange rate.
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Source:Internet
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