020 7898 0500As we start the New Year, the future looks bright for Japan as it is predicted that the Yen will start to finally strengthen against many major currencies after a long period of weakening. Last year was the first time that the Yen had gained any leeway over the euro since 2011, and some of the more optimistic forecasts from the Bank of America (BoA) predict that the Yen will regain all losses afflicted from the 2013 monetary easing policy – an 11% swing! This new strength will not be music to ears of everyone though, as exports are becoming less competitive and shipments fell by the most in three years in November.
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