According to Nikkei News, the policies of usa President Trump have cast a shadow on the prospect of a rate cut by the Fed, and analysts have differing views on the future trend of the Japanese Yen.

Moody's senior economist Stefan Angrick expects the Japanese Yen to appreciate to 140 yen to the dollar by the end of next year, with the Bank of Japan expected to raise interest rates next month and in June next year. He believes that relative to economic fundamentals, the Japanese Yen has been oversold, and it would not be surprising if the Japanese Yen suddenly appreciated next year.

However, according to a report released by HSBC on the 14th of this month, the Japanese Yen is expected to further depreciate next year, reaching 160 yen to the dollar by the second quarter of next year, and maintaining this level for the rest of the year, mainly considering the potential policies of President Trump.