Yen weakens as 'currency war' rhetoric heats up
The yen weakened further in Asian trade on Monday as criticism of the currency's slide heats up, with some warning that Tokyo's foreign-exchange policy could spark a global currency war.
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#1 Jan 30, 2013
Firstly- I live in the west. It is absolute hypocrisy of the west to say the Japanese are weakening their currency, the yen, when, as we all know, the US, and uk etc indeed any country who has been engaged in QE and money printing , have been weakening their currency for years. In the meantime, the Japanese made no comment, even though they were contending with no growth, a tsunami, and nuclear disaster. Get real and honest, look at ourselves and actions first, and cut these guys some slack. Absolute hypocrisy!
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