Yen to Settle Around 157 Versus Dollar If Geopolitical Risks Ease -- Market Talk
Dow Jones03-23
0600 GMT - The yen is likely to settle around 157 per dollar in three months, as the Middle East situation is expected to stabilize during the spring, says NLI Research Institute senior economist Tsuyoshi Ueno. However, if the conflict drags on, leading to a sustained surge in oil prices, the yen would likely weaken further amid growing speculation of U.S. monetary tightening, Ueno says. "Since such moves [lower in the yen] are backed by economic fundamentals, the yen would likely test new lows even if the government decides to intervene," Ueno says.(megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 02:00 ET (06:00 GMT)
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