Yen Will Rise Amidst Strain On Japan Economy

The consequences of the Friday earthquake of the East coast of Japan earthquake will compel the yen to strengthen over the medium term, strategists agree.

The consequences of the Friday earthquake of the East coast of Japan earthquake will compel the yen to strengthen over the medium term, strategists agree. The currency has already appreciated against the US dollar.

The Japanese yen looks set to gradually strengthen against the US dollar after the full effects and response to Friday’s earthquake become clear, FX strategists broadly agree…

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