- Lots of jitters in Japan about yen rise, but not in US and euro zone
- Main focus is yen vs dollar, Europe and ECB less affected by yen rise
A source close to the situation. Oh, I say.
If we see co-ordinated intervention in USD/JPY anytime this year I’ll strip naked and run up and down the hill outside my house. Not a pretty sight I can assure you, so my neighbours will be keeping their fingers firmly crossed.
Ummm, could be rather liberating……
