Rabobank strategist Jane Foley highlights that the recent election victory of Japan's Prime Minister Sanae Takaichi supports a return to responsible fiscal policies. According to NS3.AI, this political shift, combined with anticipated interest rate hikes by the Bank of Japan, is expected to significantly strengthen the yen. Consequently, the USD/JPY exchange rate is forecasted to decline from approximately 153 to 145 within the next year.
