Yen strategists diverge on outlook as Trump adds to uncertainty

Bulls see it climbing to 140 per dollar, while bears expect a fall to 160

20241127 yen note

The Japanese yen has been the worst-performing G10 currency this year and is down around 9% to the dollar. (Photo by Akira Kodaka)

LISA KIM, Nikkei staff writer

TOKYO -- Yen strategists are divided over the currency's direction now that Donald Trump's return to the White House is casting uncertainty over the pace of U.S. rate cuts.

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