Category: Currency Currents
- Published: 06 April 2010
- Written by Editor
Japanese yen Double Whammy: QE from the BOJ and Exports to the US
Playing for Japanese yen weakness is one of our favorite long-term trades at Black Swan Capital; besides being short the euro against any other currency with a pulse. The yen has started to weaken against the pack—finally. But there are two reasons why we believe this game is only just getting under way.