DOLLAR OF THE USA
-->

1

Bank of Tokyo-Mitsubishi UFJ: there is a risk of falling to 119 yens for dollar

Est risk of falling of a course the dollar/yen to 119.00 prior to the beginning of a meeting of the Big Seven if comments of high-ranking officials as yesterday`s statements polsona continue to arrive positive for the Japanese currency, speaks Osamu Takashima, the head of the currency analysis from Bank of Tokyo-Mitsubishi UFJ. However he underlines, that while the basic range before meeting G7 remains between 122.00 and 120.00. Thus the fundamental party of a question supports further risk of ascending movement in specified pair of currencies as there were no changes in differential of rates between the USA and By Japan.