Yen Embraced by U.S. Banks as Heir Apparent to Dollar's Throne
- JPMorgan, Morgan Stanley see yen beating major peers in 2016
- Impact of BOJ easing fades as current-account surplus grows
Commodities Implosion Boosts U.S. Dollar's Surge
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After its steepest losing streak on record, Japan’s yen is poised to seize the crown of best-performing major currency from the dollar in 2016, according to two of the biggest U.S. investment banks.