Why The Yen's Slide Matters — Louis-Vincent Gave from japanese exchange rate yen Watch Video
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Description: In the last six weeks the Japanese yen has fallen over -8% against the US currency to more than ¥140 to the US dollar. The speed and extent of the slide has been reminiscent of the yen’s 1998 fall which prompted open foreign exchange market intervention by the US Federal Reserve. Almost quarter of a century later, the world is a very different place. Nevertheless, the US dollar-yen exchange rate retains enormous macroeconomic significance. In this video interview, Gavekal CEO Louis-Vincent Ga
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