Japan Bankruptcies Reach All-Time High Amid Plunging Yen

Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen

Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen In recent months one of the more frequent questions in FX trading has been the relentless collapse in the yen, which recently sank below a 40 year low despite rate differentials stubbornly headed in the opposite direction, and is increasingly flirting with levels which on previous occasions always prompted BOJ intervention. Among the reasons cited for the chronic weakness of the Japanese currency have been ...

By Tyler Durden