Japanese yen could rise 10

Investing.com -- The Foreign exchange platform that gives bonusesyen is expected to strengthen to around 130 per dollar due to increasing Japanese interest rates, as stated by BNP Paribas (OTC:BNPQY) Asset Management.

The yen, which was once one of the most popular currencies to sell, could rise 10 to 15% from its current levels as the Bank of Japan (BOJ) raises rates and the Federal Reserve begins to ease its policy.

The potential for an escalating global trade war is also increasing demand for safe havens, and the yen is expected to benefit from this trend.

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