As the currency analysts Barclays Capital, the market was still dominated by trend away from risk, and against this background the main benefitsirom is the Japanese currency. Couple pound / yen has broken the lower limit of the range, and sank to a 10-month low at 136.25, while the euro / yen has established at least one-year mark of 120.24. Nevertheless, the bank's strategists predict the further strengthening of the yen in the next month with the prospect of falling pound / yen to 133.65, and possibly to a level of 128.35, the euro / yen - the target levels of 118.00 and 115.00. At the moment couple pound / yen traded at 136.66, the euro / yen is at elevation 120.51.
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