Japan’s doing well – so why is the yen plummeting?

What’s wrong with the yen? With the Japan’s economy finally showing signs of life, the stockmarket up over 30% year-to-date, and the bank of Japan hinting it may soon tighten its famously loose monetary policy, you’d think the currency would be soaring.

What's wrong with the yen? With the Japan's economy finally showing signs of life, the stockmarket up over 30% year-to-date, and the bank of Japan hinting it may soon tighten its famously loose monetary policy, you'd think the currency would be soaring.

But it isn't. Instead, it's fallen 18% against the dollar this year (there are now 121 yen to the dollar) and is currently at a seven-year low against the euro.

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