On November 6th, Sony Financial Group analyst Kumiko Ishikawa stated that due to speculation on the outcome of the US presidential election, the US dollar against the Japanese yen may experience significant fluctuations in the range of 150.00 to 154.50 on Wednesday. After touching around 151.30 in early trading, the currency pair is currently at 152.70. Market participants expect that if Trump wins, the yen will weaken as his stimulus policies are expected to boost economic growth and corporate profits, thereby strengthening the US dollar.
索尼金融:周三美日可能会在150至154.5区间内大幅波动
Sony Financial: It is possible that there will be a significant fluctuation between 150 and 154.5 for the USD/JPY on Wednesday.
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