Yes. The yen is getting stronger vs. the dollar, and it about to break some longer-term technical levels which might lead to a surge in yen strength by forex traders.
Whatever you might think of the new ruling party in Japan, the previous party has worn out its welcome and has produced no lasting economic improvement for the Japanese people since their market imploded 17 to 18 years ago. It has been nothing but one scheme after another, followed by one excuse why the scheme didn’t work, after another.
After their export-based economy has taken hits every bit as bad as the 1930’s in the last year, the people are furious and they want someone who is going to do something different than the status quo.
After their export-based economy has taken hits every bit as bad as the 1930’s in the last year, the people are furious and they want someone who is going to do something different than the status quo