The yen has fallen sharply as the Bank of Japan has been given a new 2 percent inflation target that may well see more yen created. Investors have concluded that the yen will continue to fall. The reverse of that is that other currencies will continue to rise, including the euro.Bundesbank President Jens Wiedmann warned last month about the politicization of the Bank of Japan and of possible unintended consequences to the international monetary system.
ECB's Draghi Assessing Impact Of Strong Euro
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