Dollar Climbs Back To ¥160 After Yen Rips 600 Pips. BOJ Still Not Touching Rates.
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Something strange happened in the yen Thursday, and Friday the Bank of Japan gave its answer without really giving an answer at all. Dollar yen swung 600 pips in one…
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Dollar Pushes Yen to 164 Zone Again. Inflation Data Did Not Help. Bank of Japan Under Pressure.
Inflation in Japan is rising. Normally that helps a currency. Not here. Yen kept falling Friday and hit another 40 year high against the dollar because the market does not…