Excerpt from:  Forex Forecast
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March 24, 2008

Forex Trading Forecast: Dollar/Yen

Will US dollar strength remain in currency trading
Even as US dollar strength resumes in trading this week on the FX market, some analysts believe that it won't last.
Even as US dollar strength resumes in trading this week on the FX market, some analysts believe that it won't last. Forex trading forecast for the dollar/yen has some believing that something below 96 yen is likely in the coming weeks. Bloomberg reports on the forex trading forecast for the US dollar:

``It's best to view the pennant as merely a pause in the dollar's downward trend,'' said Suzuki. ``The dollar's likely to head lower and there are few signs it will find a bottom soon.''
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Topic Tags:  forex trading dollar/yen, forex trading forecast US dollar, forex trading US dollar, FX market, US dollar FX market, US dollar strength

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