JPMorgan sees yen climbing as US scrutiny impedes intervention
Currency's recent gains are "extremely concerning" and US report won't limit how Tokyo can respond: Japan's Finance Minister Taro Aso
Tue, May 03, 2016 - 5:50 AM
JAPANESE officials concerned at the yen's surge to an 18-month high now face the headache of being on a US watch-list for currency practices. JPMorgan Chase & Co says the potential for US opposition to exchange-rate intervention will probably help strengthen the yen more....