Yen May Fall to 110 Per Dollar This Year, CBA Says

Yen May Fall to 110 Per Dollar This Year, CBA Says Play

May 10 (Bloomberg) -- Joseph Capurso, a Sydney-based foreign-exchange strategist at Commonwealth Bank of Australia, talks about the yen. The yen extended its decline beyond 100 per dollar after a report showed Japanese investors became net buyers of foreign bonds, snapping the longest selling streak since January 2010. Capurso also discusses the outlook for the Australian dollar with John Dawson on Bloomberg Television's "On the Move." (Source: Bloomberg)

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