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Sachs Turns Positive on Yen, Expecting Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2670445501","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2670445501?lang=en_us&edition=fundamental","pubTime":"2026-09-25 15:19","pubTimestamp":1790320740,"startTime":"0","endTime":"0","summary":"0719 GMT - The Japanese yen looks set to recover as the Bank of Japan shifts to a faster pace of interest-rate rises and the prospect of Japanese investors rotating back towards domestic assets rises, Goldman Sachs strategist Karen Reichgott Fishman says in a note. \"Faster rate hikes have reduced the inflationary impact of expansionary fiscal policy, taking pressure off the currency.\". While a shift in portfolio flows remains mostly speculation, the higher probability of it occurring is positive for the yen along with its cheap valuation, boosting its attractiveness as a portfolio hedge, she says. Goldman expects the dollar to reach 150 yen in 12 months, compared to its previous forecast of 165. The dollar falls 0.5% to 158.00 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titles including Food & Wine magazine.----Jeff Bezos' Blue Origin Is Fueled With $30 Billion of His FortuneThe space company wants to rapidly boost revenue over the next few years, betting its huge rockets will make it a powerful industry player.----Apple, Berkshire, and Walmart All Have New CEOs. Which One Will Do 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