FW Desk News
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Friday, September 11, 2026
Morgan Stanley strategists forecast the Japanese yen will depreciate to 163 per dollar, matching levels last observed in July. The outlook reflects expectations that fundamental economic conditions will support a weaker yen against the dollar. The projection comes as traders rebuild carry trade positions and reassess positioning following earlier volatility in foreign exchange markets. Analysts at the investment bank cite renewed appetite for leveraged currency bets as a driver of the anticipated currency movement.
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