Japanese Yen Will Be Next Year's Favorite
One of the most crucial questions facing stock market analysts is which currency will replace the Dollar. According to several experts from investment banks, the US Dollar will continue to decrease in value next
year as well. Investors, therefore, are trying to predict which currency
will increase in value. The continuous decline of the Dollar over the last three years has helped the value of the Euro and commodities to increase,
say analysts, and there may be a turn toward Asian currencies in the
upcoming period. The value of Asian currency will rise on the international stock exchange, predicts Marvin Barth, a top executive analyst at Citibank, "The most challenging two stories of 2005 will be the Dollar's continuing decrease in value and Asia's entrance on the scene." Citibank expects the Dollar to regress in comparison to the Euro and withdrawing the parity estimate down to 1.40 presumes that the Yen will increase greatly in value and that the parity of the Dollar/Yen at the 104 level will drop to 95.
