Yen is expected to recuperate on the Fed not tightening monetary policy.

Note: This section contains information in English only.
Source: WBP Online
The Yen will probably strengthen against the U.S. Dollar to around 105 at the end of the year, estimate the HSBC analysts. According to them, it is too early for the monetary authority to rise borrowing costs. Indeed, Janet Yellen may not want to halt economic recovery by increasing long-term interest rates. The Japanese currency rose 0.08% against the US Dollar, trading around 108.04 at the moment of writing.
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Thu, 30 Oct 2014 12:34:35 GMT

U.S. economic growth to accelerate in third quarter

The sturdy pace of business spending in the third quarter is a demonstration that the U.S. economic growth is increasing and the businesses start to trust sustainability of the recovery. The progress is broadly supported, namely by trade, government spending, housing and consumers. According to a survey of economists, the GDP should expand by 3.0% in annual terms.

Wed, 29 Oct 2014 11:23:03 GMT

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