1529 GMT - The Japanese yen remains on course to become the best-performing G-10 currency this year, Rabobank forex strategist Jane Foley says in a note. The Bank of Japan is currently the only G-10 central bank maintaining a policy tightening bias, she says. With real interest rates adjusted for inflation still negative, further BOJ rate rises look likely, she says. President Trump's claim that Japan is trying to weaken the yen provide another incentive to add speculative bets on the currency rising, she says. "We maintain a year-end forecast of USD/JPY 145, with downside risk." USD/JPY falls 0.9% to 148.228, having earlier reached a 20-week low of 148.100, according to FactSet. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 04, 2025 10:29 ET (15:29 GMT)

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