» Will the Japanese Yen Continue to Rise in Currency Trading?

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Will the Japanese Yen Continue to Rise in Currency Trading?

Forex trading with the yenThe Japanese yen is expected to rise in currency trading on the FX market. Right now in forex trading, the yen is up 11 percent this year on the US dollar. Bloomberg reports on the expected success of the Japanese yen in currency trading:

The narrowing interest-rate differential “is the prime reason for the Japanese currency to appreciate against the U.S. dollar,” he said. “I predict that will continue.”


The yen is also expected to begin making gains against the euro in forex trading when the ECB finally begins to cut rates.

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This entry was posted on Thursday, April 10th, 2008 at 14:16 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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