Why The US Is Buying Japanese Yen—And Why Your 401(k) Cares
· seekingalpha.com
US and Japan intervene to support the yen at ¥164/$1, curb inflation and avoid Treasury turmoil. Read the latest analysis here.
About a week ago, the US decided to support the Japanese Yen to avoid further depreciation against major global currencies. In fact, we reached a point where $1...