During this past week's bout of yenweakness, traders say speculators bought dollars around 93 to 94 yen and may consider taking profits at 96 yen before re-entering the trading.
"If U.S. economy improves, and the Bank of Japan's aggressive easing continues ... that will lead to further dollar strength and yenweakness, " said Kanda, who predicts the dollar will rise to 110 yenthis year.