The dollar hovered within sight of a five-year high versus the yen on Tuesday and was on track for its biggest yearly percentage gain versus the Japanese currency in 34 years.
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Even with the yen at more than five-year lows, analysts expect a resurgent carry trade will keep Japan's currency on a downtrend well into 2014.
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The U.S. dollar hit a five-year high against the yen on Friday amid talk that the Fed could start tapering its monetary stimulus as soon as next weekâ??s policy meeting.
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