General
Will the Japanese Yen (JPY) appreciate to an average exchange rate of 1 USD = 125 JPY or stronger for any full calendar month before the end of 2027?
An economics prediction on a significant strengthening of the Yen, which has been historically weak (around 156 JPY/USD in late 2025).
Yes 42%Maybe 14%No 44%
88 total votes
Analysis
Yen Rebound: Reaching 125/USD?
The Yen's weakness in late 2025 is largely due to the massive interest rate differential between the US (high rates) and Japan (zero or near-zero rates). A strengthening to $125\ JPY/USD$ would represent an appreciation of nearly $25\%$. The slight 'No' majority suggests that while the Bank of Japan may eventually hike rates, US rate cuts might not be aggressive enough, or Japan's low-growth, low-inflation fundamentals will persist, preventing such a massive, sustained rally before 2027.