Appearing on Bloomberg TV

Says USD/JPY may break under 110, on its way to 105

  • In the next 6 to 7 months
  • Cites US economy peaking, concerns over Trump administration

Says North Korea is not much of a problem for Japan's economy at the moment

Sakakibara is a former Finance Ministry official.

  • He was in charge of currency intervention in Japan
  • He was dubbed "Mr. Yen" for his ability to influence the yen exchange rate in the 1990s.