
TOKYO -- The yen could sink as low as 130 to the dollar by year-end as high resource prices take a toll on Japan's current-account surplus, according to currency analysts surveyed by Nikkei on Thursday.
The yen touched a nearly 20-year low Wednesday in Tokyo, trading past 126 at one point. It rebounded somewhat into the low 125 range on Thursday, indicating yen-buying among currency traders locking in profit.