Commodity market report

Japan exchange rate outlook Q2 2015



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Report summary

We expect sustained weakness in the yen over the short term as Japan's quantitative easing programme takes effect. Although lower oil prices will help to lower Japan's overall import bill Japan's exports have not improved significantly despite the weak yen. Further easing measures also pose a downside risk to the currency.

What's included

This report contains

  • Document

    Exchange Rate Forecast Q2 2015 (portal).xls

    XLS 115.50 KB

  • Document

    Japan exchange rate outlook Q2 2015

    PDF 353.49 KB

  • Document

    Japan exchange rate outlook Q2 2015

    ZIP 399.55 KB

  • Document

    Executive summary

    PDF 193.24 KB

Table of contents

  • Executive summary

Tables and charts

This report includes 6 images and tables including:


  • JPY per USD
  • Real Trade Weighted Exchange Rate Index
  • 10-year Government Bond Yields
  • Inflation
  • Official Policy Interest Rates


  • Exchange rate forecasts

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