Mar 25, 2011

The Last Thing The Japan Needs Is A Strong Yen

"The Japanese already have a weak economy, the last thing they can afford is having the yen sharply higher. If the strengthening of the yen becomes excessive, Japan can make a case that "we are already on our knees" and further intervention is likely." - in The WSJ

Related: iShares MSCI Japan Index (ETF) (Public, NYSE:EWJ)