Eisuke Sakakibara was a former top currency official at Japan's Finance Ministry. He was known as Mr. Yen for his ability to impact the currency!

  • "The dollar will shift into 105-110 yen range, and around the turn of the year, it's possible it will break 100 yen"
  • "The Trump administration wants a weaker dollar in the short term to shore up exports and employment," Sakakibara said. "But if it gets too weak, it'll be a problem. That's why there was reiteration of support for the strong dollar policy."

More at Bloomberg

(ps. The comments are actually from Monday)


Sakakibara is now a professor at Tokyo's Aoyama Gakuin University