New Overnight Developments Abroad - Daily Update
Fresh Signals Regarding the Yen
April 9, 2013
An amber light on yen depreciation was flashed by a key advisor to Japanese Prime Minister Abe. Mr. Hamada suggested that 100 per dollar is a much more appropriate and competitive level. The dollar has fallen back 0.4% against the yen. It has also dropped 0.4% relative to sterling as well as 0.5% versus the […] More