1. UBS Warns Dollar-Yen Could Hit 175 Despite Japan's Intervention Threats
The yen's slide is not over, and official warnings from Tokyo may not be enough to stop it. Strategists at UBS Group AG project the dollar-yen pair could surge to 175 by the end of the year, a level not seen in decades. This stark forecast hinges on a specific but plausible 'extended disruption' scenario, likely tied t...