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Yen Poised For a Sharp Fall by Year-End: Fund Manager

August 16, 2012

Japan’s yen, which hit a one-month low against the U.S. dollar on Thursday, could plunge at least 14 percent by the end of the year as investors exit Japanese government bonds, according to Ed Ponsi, Managing Director of Barchetta Capital Management.

Source: http://www.cnbc.com/id/48685292?__source=RSS*tag*&par=RSS
 
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