Royal Bank of Scotland: the yen will rise against the dollar

The yen could continue to rise against the dollar, analysts believe Royal Bank of Scotland. "On this front, the main force is the flight from risk, and the yen in recent times more likely to grow", - said Greg Gibbs, a currency strategist at the Bank. "Japanese individual investors have opened a lot of short positions, which indicates the possibility of profit-taking and, consequently, growth."