Japan tertiary index and trade balance
Intensifying Onslaught in Ukraine and Concerns over the Weakness of the Yen and Yuan
April 20, 2022
The weighted dollar index got as high as 101.04, a 2-year high, overnight. Dollar/yen touched a 20-year peak of 129.4, prompting a verbal protest against the yen’s slide from Japan’s finance minister. In the past, verbal complaints about currency values served as a threat to the possible use of direct foreign exchange intervention if the […] More
