Getting tired of this weak-yen article spam lately. It seems everytime someone sneezes in Marunouchi we get another turn of the wheel…
Let’s come back when it’s 110 until then waste of time
By wasting their foreign currency reserves trying to prop up the yen without changing any policies, the JP govt are accelerating the yen’s demise. They don’t have any choice though. Raising interest rates would torch all their bond holders so doom it is. 200yen to the USD within this year.
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Getting tired of this weak-yen article spam lately. It seems everytime someone sneezes in Marunouchi we get another turn of the wheel…
Let’s come back when it’s 110 until then waste of time
By wasting their foreign currency reserves trying to prop up the yen without changing any policies, the JP govt are accelerating the yen’s demise. They don’t have any choice though. Raising interest rates would torch all their bond holders so doom it is. 200yen to the USD within this year.