# Long-term opportunity in the Japanese yen | Standard Chartered Insights

> Standard Chartered argues that market expectations for the yen have run ahead of reality and sees USD/JPY moving toward 120-125 over 12-24 months. The bank cites narrowing US-Japan 10-year rate differentials as a key catalyst.

- Date: 2023-05-31 · published 2023-05-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/36171-long-term-opportunity-in-the-japanese-yen-standard-chartered-insights
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stronger yen over the long term would lower Japan's dollar-denominated import costs for feed ingredients, though the view is a longer-horizon forecast.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- sc.com: https://www.sc.com/en/news/wealth-insights/long-term-opportunity-in-the-japanese-yen/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.