More than 70% expect another rate hike this year in the major markets of Japan, the United States and Europe, while many believe further yen depreciation will be limited.
In an October survey of foreign-exchange experts, many market participants in Japan, the United States and Europe said further interest-rate increases would be necessary this year, with more than 70% of experts supporting this outlook.
The survey examined the impact of monetary-policy trends in Japan, the United States and Europe on the foreign-exchange market. Respondents indicated that policy-rate increases could continue in each region.
Meanwhile, many said further yen depreciation would be limited, with views that sharp movements in the yen are unlikely toward the end of the year particularly prominent.