All about Yen..

A report showed Japanese companies have increased spending and investment. This spending report made the yen stronger against the dollar and the Euro. Lower rates in Japan have encouraged Japanese investors to send money overseas in search of higher returns.

Even yuan indirectly made the yen stronger against other currencies. A stronger yuan made China's goods more expensive for overseas consumers and increased its buying power for Japanese goods, helping the yen.

In a survey Fifty-seven percent of 49 traders, strategists and investors advised to sell the dollar against the euro. Forty-three percent of those surveyed said to sell the U.S. currency versus the yen. It seems dollar is becoming weak day by day.

I think yen may hamper the path of world currencies and the dollar has to face adverse condition in the coming days.