The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running

The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running | Editorial

The Guardian · 31 days ago

A cheap currency helps finance the US tech boom. Washington is intervening because allies matter only when they are useful Japan’s yen has slid back towards 160 to the dollar, despite last month’s extraordinary US-Japanese intervention. Traders are betting that its role as a cheap funding pipeline…

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The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running | Editorial

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The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running | Editorial

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