As the currency analysts Brown Brothers Harriman, decline in commodity currencies against the backdrop of speculation about further tightening of monetary policy in China, repatriation of Japanese funds from abroad and an optimistic outlook for Japanese stocks contribute to the strengthening Japanese yen. According to the Bank's strategy marks a breakthrough in a pair of 89.30 dollar / yen may lead to further growth of the Japanese currency to a level of 88.25. At the moment pair dollar / yen is trading at around 89.65.
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