Forex: USD/JPY: The Dollar will end 2009 at 94.00; 100.00 by June '10 - Rabobank

By @ibtimes on

FXstreet.com (Barcelona) - The Dollar has strengthened across the board during the latest two-days, and, against the Yen, the Greenback has returned to levels above 92.00 after from 7-month low 90.15 last Wednesday, and according to the Rabobank Financial markets research team the trend will remain positive for the next 12 months.

On a long-term perspective, the Rabobank Financial markets research team, foresee the Dollar picking up levels around 93.00 in one month time, to end the current year at levels around 94.00.

For next year, the Rabobank Financial markets research team expects the Dollar to appreciate further, to end the fist quarter of the year at 95.00 and rally to levels at 100.00 by Q2 2010 and reach 102.00 in 12 months time.

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