Japan's finance and economy ministers expressed displeasure at the yen's rapid rise against the U.S. dollar, in a sign they are getting more worried about the blow it may deal to Japan's slowing economy. WSJ
Thursday, March 06, 2008
Yen too high
What do you wanna bet that Japan is not ready to intervene to prevent competition---sorry confusion---in the market sometime soon? That would be so unlike China that Japan (and others) criticize for manipulating the currency. I could be wrong though since Japan has never done such a thing before....
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