Economics
Mr. Yen Called the Rally, Now Sees Gain Toward Intervention Zone
- Ex-MOF Sakakibara correctly predicted advance to 15-month high
- Yen remains 2016 top performer, even as rally stalled in March
Yen-Dollar and the Fed's Impact on the Bank of Japan
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When the yen started 2016 as the developed world’s best performer, most analysts were taken by surprise. They’d been forecasting a record-extending fifth year of declines as central bank easing weighed on the exchange rate.