The surge of the Japanese yen ahead of next week’s BoJ policy announcement could still prove yet another false dawn. But with the monetary policy divergence that has driven the yen down over the past couple of years set to start reversing before long and the currency still looking exceptionally undervalued, our sense is that the yen will, finally, see a sustained recovery in 2024.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services