Japanese Finance Minister Shunichi Suzuki and Japan express strong concern over the negative effects of the weakened yen. Suzuki opposes undesirable excessive currency fluctuations and warns against them. The yen has fallen to its weakest levels against major currencies like the British pound, euro, and U.S. Dollar, providing potential earnings boosts for Japanese companies with significant sales in those regions.
So...the Japanese 10 year is up to 1.12% now but the yen is still getting weaker not stronger. Realllllyyyy pushing the machine to the limits now. https://t.co/g3og2YXYKJ
Japanese Yen has fallen to its lowest level against the U.S. Dollar since the Bank of Japan secretly intervened a month ago https://t.co/cS8l49CXMV
The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant sales in Europe https://t.co/4APSAByB62