Goldman Picks Yen as Top Hedge Against US Recession, Tariff Risk

By Yahoo! Finance   |   1 week ago
Goldman Picks Yen as Top Hedge Against US Recession, Tariff Risk

Goldman Sachs predicts the yen to strengthen to around 140 against the dollar due to concerns about US growth and trade tensions. This forecast is more optimistic compared to analysts' estimates. The yen is seen as a safe haven in times of economic uncertainty.

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