Amor Fati--F. Nietzsche
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"Mr. Yen" Sakakibara says USD/JPY slowly to 90 in 2017
Bloomberg carrying some headline remarks from Eisuke Sakakibara, ex of the MoF and once known as Mr. Yen USD/JPY between 95 to 100 is OK for Japan's economy BOJ curve strategy is appropriate Yen will probably see a slow gain to 90 in 2017 1% economic growth is sufficient The Bank of Japan has not lost control of the exchange rate More: It will be time to talk with the US on intervention if USD/JPY at 80 Sakakibara is a former Finance Ministry official in charge of currency intervention in Japan. He was dubbed Mr. Yen for his ability to influence the yen exchange rate in the 1990s
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