Published by Mark Smith-HalvorsenOngoing uncertainty surrounding the economic recovery in the US has led to the dollar falling close to a 15-year low against the yen.It is expected the forthcoming Federal Reserve data on industrial production as well as new figures on the US housing market could push the dollar down even further over the coming days.Some market experts believe that the dollar could fall past 85.00 yen soon – close to the 15-year low on the foreign exchange market of 84.72 yen, which was reached last week.Strategists at BNP Paribas, reported by Reuters, warned the weak data could give rise to further concerns about the pace of any potential US recovery and its impact on investment levels.Adding: "We believe the bigger risk is that the weakness being seen in the major economies globally will have a negative impact on investor sentiment."However, the rising yen could also undermine potential Japanese growth and therefore the Bank of Japan may take steps to ensure the dollar/yen trading remains stable.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site