According to the monthly survey of 60 banks and analysts conducted by Reuters, the greenback will recover to 82.00 during the next month.

The pair USD/JPY is expected to reach 83.00 in the third quarter and then climb to 85.30 by the end of the year.

The median forecast for the greenback in the first half of 2012 is also positive. Surveyed economists think that US currency will cost 90.00 yen in a year.


Chart.Daily USD/JPY