Wed, 29 Oct 2014 12:00:09 GMT
Yen is expected to recuperate on the Fed not tightening monetary policy.
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