Japan’s Accommodative Monetary Policy and China’s Economic Revival Impact Global Currency Trends
Facebook LinkedIn A surging yen steadied on Monday as Japan’s incoming Prime Minister, Shigeru Ishiba, signaled that monetary policy should remain accommodative. Meanwhile, commodity currencies rose to year highs as investors hoped for a turnaround in China’s economy. Japan’s yen jumped on Friday after Ishiba, a former defense minister and critic of aggressive monetary policy, […]