Currency traders betting on a rebound in the yen would be wise to look past the officials currently in charge and listen instead to policy veterans who know better. Over the last year as the yen was recording three-decade lows, officials such as Finance Minister Shunichi Suzuki, top currency diplomat Masato Kanda and Bank of Japan […]
25-year weak yen obsession is blowing up on Tokyo
Pretending that a sliding yen is all Washington’s fault is no more credible than saying the policy is working