Yen Near 40 Year Low as Intervention Concerns Return

Source Summary

The Japanese yen has remained under sustained pressure in recent months as the gap between Japanese and U.S. interest rates continues to encourage investors to move money into higher yielding assets. Although the Bank of Japan has gradually moved away from its ultra loose monetary policy, the pace of policy tightening has remained much slower [...] The post Yen Near 40 Year Low as Intervention Concerns Return appeared first on Modern Diplomacy .