Institution: If oil prices remain high, the yen is expected to fall to the 165 level.

Alpha Binwani Capital states that if energy prices continue to rise and the Bank of Japan does not raise interest rates, the yen will remain weak. The founder of the company, Alpha Binwani, a seasoned professional with thirty years of market experience, stated: "Currently, the yen will fall to 160, unless the Bank of Japan raises interest rates, it will not be able to stop this weakness". "If oil prices do not fall in the next three months, the yen will fall to 165". Binwani mentioned that verbal intervention cannot boost the yen, especially when hedge funds are shorting the yen based on oil price trends; "As long as oil prices remain above $100 per barrel, there will be energy inflation, import inflation, which undoubtedly means interest rate hikes - you have no choice".