The Yen Is Diving Sharply Again

Via Sara Eisen, we see that the yen is tanking again against the dollar.

Here’s a look at USD-JPY.

chart

Photo: FinViz

For a little perspective, here’s a look at the dollar vs. the yen since the beginning of last year.

chart

The question on everyone’s mind is: Is this a temporary blip, or is this the start of something pretty big. After all, people have been calling on the yen’s demise for a long time now. And the emergence of persistent trade deficits change the equation for some.

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