Monday, January 14, 2013

Japan?s Vice Finance Minister Nakoa: Yen weakness is from Europe stability

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  • Yen weakness is due to signs of US recovery
  • Yen weakness is due to US avoiding fiscal cliff
  • Yen is correcting from previous excessive appreciation

And no, I?m not making this stuff up.

Ahh, here?s some more:

  • Abe?s remarks helped trigger Yen weakness
  • Abe?s remarks not the only reason for the Yen weakness
  • Abe doesn?t intend competitive devaluation of the Yen

?

Source: http://www.forexlive.com/blog/2013/01/14/japans-vice-fin-min-nakoa-yen-weakness-is-from-europe-stability/

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