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.
