Jamie highlighted Merkel’s comments earlier on ForexLive, the Japanese Press have picked up on them too:

German chancellor concerned about Japan’s foreign exchange operation

Merkel expressed concern Thursday over Japan’s foreign exchange operation, saying it could become a sensitive issue.

Maybe the Japanese Government’s response will be, “Yeah, get in the queue …”

  • Earlier this month, U.S. Federal Reserve Bank of St. Louis President James Bullard said he was disturbed by Japan’s policy.
  • followed by a Russian central banker who warned that Japan is precipitating a global currency war.
  • This week, Germany’s Bundesbank president, Jens Weidmann, said Japan shouldn’t politicize its exchange rate by pursuing an overly aggressive monetary policy.

Japan’s Nakao Fires Back at Yen Critics

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Oh, and from the “Outdated Headlines Department”:

Dollar climbs to lower-89 yen as Japan officials back weaker yen