UBS Revises One- and Three-Month Forecasts for Dollar Versus Yen

By Daniel Tilles

Sept. 29 (Bloomberg) -- UBS AG, the world’s second-biggest currency trader, revised its one- and three-month forecasts for the dollar against the yen.

The dollar will buy 85 yen in one month and 90 yen in three, Brian Kim, a strategist in Stamford, Connecticut, wrote yesterday in a report.

The U.S. currency climbed 0.3 percent to 89.91 yen as of 6:35 a.m. in London.

To contact the reporter on this story: Daniel Tilles in London at dtilles@bloomberg.net