The greenback was steady at 108.680 yen (JPY=). The euro was flat at $1.2294 (EUR=). The Australian dollar slipped 0.15 percent to $0.7851 (AUD=D4) after …
Our last piece highlighted the surprising outright political focus that Japan’s Chief Cabinet Secretary Yoshihide Suga gave to the JPY, which seemed to renew the Currency War rhetoric. A currency war develops when governments and central …