Yen Approaching 2000 High Against Euro – Intervention Ahead!
July 23, 2012 at 13:43 PM EDT
This is not at all good for Japan’s exporters. Already there has been “strong words” by Japan’s finance officials that they are ready to use extraordinary measures to protect the exporters through monetary policy. This plan is probably one of the reasons that the U.S. dollar is nearing the lows of the day and the [...]