DOLLAR TO YEN FORECAST 2024, 2025, 2026 - 2028 * Below are AI-generated predictions from:
Reference #1 - Longforecast.com Reference #2 - Pandaforecast.com The following ranges below were posted on 4/25/2024. They will remain locked and not update.We will update each prediction below , how accurate the range predictions were month by month.
155 - 161 - Reference #1 150 - 159 - Reference #2
156 - 160 - Reference #1 150 - 156 - Reference #2
158 - 163 - Reference #1 144 - 153 - Reference #2
161 - 168 - Reference #1 150 - 153 - Reference #2
159 - 166 - Reference #1 150 - 154 - Reference #2
155 - 161 - Reference #1 151 - 157 - Reference #2
157 - 161 - Reference #1 159 - 163 - Reference #2
159 - 165 - Reference #1 159 - 166 - Reference #2
163 - 170 - Reference #1 162 - 168 - Reference #2
163 - 167 - Reference #1 163 - 170 - Reference #2
165 - 173 - Reference #1 167 - 174 - Reference #2
170 - 177 - Reference #1 162 - 167 - Reference #2
174 - 182 - Reference #1164 - 170 - Reference #2
172 - 179 - Reference #1166 - 172 - Reference #2
175 - 183 - Reference #1170 - 178 - Reference #2
176 - 182 - Reference #1171 - 179 - Reference #2
A wide range of influences determines the USD/JPY exchange rate. Some key elements could impact the USD/JPY exchange rate over the next year.
The USD/JPY exchange rate can be significantly affected by the gap in interest rates between the U.S. and Japan. If the U.S. Federal Reserve hikes rates while the Bank of Japan maintains its rates at near zero, it’s likely that the dollar will strengthen against the yen.
Significant differences in inflation have partly driven the U.S.-Japan interest rate differential. If the U.S. inflation rate surpasses Japan's, the yen might depreciate against the dollar.
The relative economic growth of the U.S. and Japan can also influence the USD/JPY exchange rate. If the U.S. economy experiences faster growth than Japan’s, the dollar could appreciate against the yen.
The USD/JPY exchange rate can be affected by the relative size of U.S. and Japanese trade balances. If Japan had a trade surplus with the U.S., the yen could appreciate.
The USD/JPY exchange rate can experience significant volatility due to political instability, natural disasters, and other unexpected events.