Japanese Yen Continues to Crash

By Mario Nawfal

JAPANESE YEN CONTINUES TO CRASH

The currency continued its downward spiral, which began on Friday after Bank of Japan Governor Ueda expressed no interest in trying to stop its decline, saying, “Currency rates are not a target of monetary policy to directly control.”

As the Yen crashed to 1990 lows against the US dollar, many believe the bank will have to step in before it falls much further.

Source: ZeroHedge