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Deutsche Bank: If the US economy weakens, the yen may be impacted.
Jin10 data reported on March 26, German commercial bank forex analyst Volkmars Ball stated in a report that if the US economy weakens, the yen may be impacted as this could negatively affect Japan's current account. He pointed out that Japan's current account is highly dependent on the economic development of the United States. During the 12 months from 2021 to the end of September 2024, the increase in Japan's current account surplus was entirely driven by growth in primary income from the United States.