The yen will weaken to 100 against the dollar, a level last seen in April 2009, as growth prospects in the U.S. outpace those in Japan, according to Richard Franulovich , a senior currency strategist at Westpac Banking Corp. in New York.
The dollar dropped by the most since October 2011 after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy still requires monetary stimulus to bolster growth and lower unemployment.
"Those who are subtly encouraging the lower euro, they won't be satisfied yet."
- Richard Franulovich on Jan 02, 2015
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