The Yen Is Making Some Monster Moves

The Japanese yen is showing some incredible strength, moving 1.2% against the U.S. dollar today.

According to the FT’s Chris Adams, this is a two-month high against the dollar.

These moves have got to be rough for investors, consumers, and corporate managers.

Here’s a chart of this morning’s yen moves against the U.S. dollar via Bloomberg.com:

yen

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