Disliked{quote} i'm not so familiar with the issues there and don't know the details, the only reliable thing for me is the chart and it says exhaustion of the uptrend. yes, japan is in trouble but who isn't ? it is still highly developed country and one of the main exporters in the world. and maybe most important - yen is still the ultimate safe heaven. that means something..Ignored
Kuroda and Abe san doubled monetary base and still pushing @ 90Tr Yen monthly into market. Definitely not safe long . Only thing holding us below 120s now is Kuroda and Abe san clearly overshoot with QE programme and Yen weakened too fast. As a response, they threatened to stop with expansion should UJ break 120s. But expansion is still in place, watch Nikkei for reference.
Gotta get a beer, catch ya later, T
"I know one thing, that I know nothing." Sokrates