Japan Cannot Allow Yen to Appreciate – Policy Action Awaits

For Japan, there are billions of reasons that the rise in the Yen needs to be stemmed. Most recently, Toyota and Honda announced that they would be working at a deficit if the yen were to appreciate to $85/dollar. From Bloomberg today: “It is apparent that the Japanese authorities will step up levels of warning as the [...] Related posts: If China is…Why Not Call Japan a Currency Manipulator? DHUnplugged 40: Will the USA Become Like Japan? Stagnant? Global ETF Charts We Are Watching
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