Yen Aligns With December Forecast for First Time in Year: Chart

There’s a rare moment of alignment between analysts and the volatile yen. The currency’s level and where analysts forecast it will be at year-end are almost the same for the first time in 13 months. The yen was at 104.62 per dollar as of 10:04 a.m. in Tokyo Wednesday, compared with the median year-end estimate of 105 in a Bloomberg survey of more than 60 analysts.

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