How High for the Yen

USDJPY breaks down to its lowest level in 15 months, falling under 107 to test the all-important trendline support -- extending from summer 2016. Is the yen too high for Japan’s struggling economy? Will the Bank of Japan intervene and try to slow the pace of the yen’s strength? Will it work?   Unsustainable Purchases Despite having wea...

2018-03-20 Ashraf Laidi Read more