Monday, September 21, 2009

Rabobank predicts the strengthening of the dollar coupled with the Japanese yen

Over the past two days, the U.S. dollar strengthened across the spectrum of the market, coupled with the Japanese yen is back in the region above 92.00, after falling last Wednesday to seven months a minimum of 90.15, and, according to currency analysts Rabobank, over the next 12 months, the U.S. currency will retain positive. The bank believes that within a month pair dollar / yen will reach 93.00 by the end of the year will rise to 94.00. With regard to the prospects for 2010, analysts predict a further strengthening of the bank's U.S. dollar: in the first quarter of next year, the bank expected growth in the dollar / yen to a level of 95.00 in the second quarter - to 100.00, and by the end of the third quarter, believe in the bank, a couple of will be traded at 102.00. At the moment the dollar / yen is at around 92.33.

1 comment:

Melanie Sinyelnik said...

Thanks for sharing what this bank predicts for the Yen. It is always good to see other traders predictions. Thank you.