Japanese Yen: Will the Bank of Japan's efforts to reduce the exchange rate?

According to sources, who preferred to remain anonymous, Japanese politicians do not dare to start a currency intervention, fearing condemnation of the United States.

Compared with most other currencies the yen has increased tremendously. Therefore, Japan must engage in a real struggle to maintain growth and normal functioning of the market.

For this reason, we hope that the Bank of Japan would make at least some assumptions about what we should expect in terms of economic growth and on the bank's policy....

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