Analysts see a continuing reduction in the risk dollar / yen

The outbreak of pig influenza virus in several regions of the world, has provoked growing concern to investors about the possible negative effects of this development on the already weak world trade, and in that time, as potentially this news looked bad for the dollar, the latter still managed to strengthen its position, given that investors have other reasons for concern. Meanwhile, in addition to the U.S. currency strengthening in demand today and felt the Japanese yen and the currency strategists Royal Bank of Scotland note that of the two currencies more attractive is the latter which is likely to continue to strengthen in the short term. Dollar / yen is now continuing to test bidy in Y96.50/40, and below the breakthrough opens the way for the next round of orders for the purchase of about Y96.00, and then to the support in the area of Y95.50. Meanwhile, BNP Paribas analysts see risks and more serious decline in the direction of Y95.05, noting that the statements by the representatives of China's intention to use foreign exchange reserves to provide additional support for the economy looks favorable for the Japanese currency.