Goldman Sachs raised expectations for the exchange rate of the US dollar against the yen, and believes that “there may continue to be a certain premium in the market” given the risks associated with the stimulus policies implemented by Takaichi Sanae. Strategists, including Kamakshaya Trivedi, raised the USD/JPY exchange rate forecast for the next 3, 6, and 12 months to 150, 148, and 145 from the previous ones of 142, 138, and 135. Goldman Sachs believes that the Komeito Party's decision to withdraw from the ruling coalition poses a two-way risk: “On the one hand, if Sanae Takaichi's efforts to form a government are blocked, the trend of depreciation of the yen may be reversed;” “On the other hand, potential ruling coalition partners such as the Democratic Progressive Party 'had an even more positive attitude on tax cuts in the past. '”

Goldman Sachs raised expectations for the exchange rate of the US dollar against the yen, and believes that “there may continue to be a certain premium in the market” given the risks associated with the stimulus policies implemented by Takaichi Sanae. Strategists, including Kamakshaya Trivedi, raised the USD/JPY exchange rate forecast for the next 3, 6, and 12 months to 150, 148, and 145 from the previous ones of 142, 138, and 135. Goldman Sachs believes that the Komeito Party's decision to withdraw from the ruling coalition poses a two-way risk: “On the one hand, if Sanae Takaichi's efforts to form a government are blocked, the trend of depreciation of the yen may be reversed;” “On the other hand, potential ruling coalition partners such as the Democratic Progressive Party 'had an even more positive attitude on tax cuts in the past. '”