Japan analysts says US Treasury unconcerned over yen manipulation
Eamonn Sheridana, 19 April 2021
Japan is on the ‘monitor’ list having satisfied 2 of the 3 US criteria, along with other countries. You can find more on the report here:
US drops Switzerland and Vietnam from FX manipulator designation status
But, says Mizuho, the focus is not on the yen but rather on emerging economies:
US likely to prioritize the Mexican peso or Asian currencies (excl-yen) the US report cited IMF analysts saying the yen was largely in line with fundamentals and made no mention of the yen’s weakness so far in 2021
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