Japanese Yen: 90 or 95?

June 3, 2010

After a healthy appreciation against the Dollar in 2009, the Yen has backed off slightly in 2010, hovering around the level of 90 USD/JPY. Still, every time the Yen falls, traders quickly push it back up to 90. One has to wonder: Will the Yen ever fall?

Analysts attribute the Yen’s resilience to a series of [...]

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