The currency hit a fresh high of 107.6 against the dollar, threatening government hopes of stronger growth and raising prospect of forex intervention Japan’s finance minister Taro Aso has ratcheted up the warning against a rapid rise in the yen as the country’s ultra-dovish monetary policy implodes and threatens to sentence the economy to continued stagnation. Related: Helicopter money is closer than you assume Continue reading...
Source: theguardian.com