March 18, 2014

Japanese yen may fall below Y100 against the US dollar according to J.P.Morgan head of research

Japanese currency Copyright Peter Hanami 2005
Picture: Japanese currency 

"Mr. Sasaki (J.P.Morgan's head of Japan rates & foreign exchange research) ..believes the yen could "break below Y100 (against the dollar) in one year's time" which would be the lowest that it has been since November"

Source: Japanese investors will love $A again strategist
BY Bianca Hartge - Hazelman
Australian Financial Review
FRiday 28th February, 2014, page 22

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