BAML: economic uncertainty favours yen


Bank of America Merrill Lynch (BAML) has topped this week's one-month currency forecast rankings with an accurate prediction on USD/JPY, based on the view that the strength of the yen would continue to be a feature of the foreign exchange markets in 2012.

On December 9, 2011, BAML predicted USD/JPY would fall to 76 in a month's time, with the pair trading at 76.81 on January 9, according to data from Thomson Reuters.

The forecast was based in part on the view that economic uncertainty in 2012

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: