Yen Set To Remain Fragile In 2001

- By FX Markets Staff
- @FXMarkets_
- 08 Jan 2001

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The yen's trading range in 2000 steered a course between a closing low of 101.44 in January to a closing high of 114.87 in December.

Derek Halpenny, currency economist at Bank of Tokyo-Mitsubishi in London predicts an even narrower trading range for dollar/yen this year, to close at 118.00 against the dollar by year-end

The trading range for dollar/yen in 2000 matched the narrowest range since the beginning of the floating exchange rate era in 1973. The 13 big figure range in 2000 matched that of

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