The Weekend Is Over, And The Yen Is Diving Again

The week is over and futures are ticking higher a little bit.

The more interesting action is in the currency world, where the yen is falling notably against the dollar.

Here’s USD/JPY:

chart

Photo: FinViz

The falling yen has been the subject of a lot of discussion.

Among the factors being bandied about:

  • The BoJ’s new inflation target.
  • Surging oil prices.
  • Japan’s record trade deficits.

Meanwhile, check here for some of the big events to watch for the coming week >

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