With the yen showing signs of recovery, analysts are starting to anticipate the next target level.
Some see ?152 to the dollar, and even ?150. Others are not so sure, with ranges being proposed or even an end to the rally.
“I think it’s fair to see it right around ?152. It’s the simplest target that the market will be watching,” said Tsutomu Nakamura, an FX analyst at Gaitame.com Research Institute.
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