DBS Group Research forecasts a weaker Japanese Yen, with USD/JPY expected to trade near 158 as the government evaluates a second supplementary budget to address fiscal requirements.
DBS expects JPY to trade slightly weaker due to fiscal risks from a potential second supplementary budget, with USD/JPY around mid-158.
DBS Group Research anticipates further weakness for the Japanese Yen as the government considers a second supplementary budget. Analysts project the USD/JPY pair to hover around the 158.50 level amid ongoing fiscal policy uncertainty.
The Yen faces downward pressure as the Japanese government reportedly considers a second supplementary budget, which raises concerns regarding fiscal policy and debt.