The ups and downs of the Japanese yen

Historically, March and April are volatile months for the Japanese yen with the closing of the Japanese financial year at the end of March. Saxo Capital Markets discusses the changing fortunes of the yen in light of current events

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The Japanese yen rose like a phoenix from the ashes as the global capital markets crashed and burned. The currency went from almost 20-year lows between 2007 and 2008 to spectacular eight-year highs in January this year. However, over the span of January and February, the yen weakened again.

Why is the yen weaker? Will this continue as the Japanese economy sees record economic contraction for a modern economy? Or will it rise again

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