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S&P 500
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+18.18(+0.35%)
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Gold
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The Wall Street Journal
Why the Yen Is Testing Lows Last Seen in 1990
Japan's currency is plumbing three-decade lows. + The main culprit of weakness in the last couple of years is the interest-rate gap between the U.S. and Japan. + A big gap encourages carry trades, in which investors borrow in yen and invest in higher-yielding dollar assets.
The Wall Street Journal
This Yen Bull Isn't Giving Up, Despite Currency's Slide
Betting on a stronger yen became a popular trade during the past two years as the Bank of Japan prepared to end eight years of negative interest rates amid rising inflation. **He thinks the weakness of the yen will continue to fuel inflation**, forcing the Bank of Japan to continue raising interest rates.
Yahoo Finance UK
FTSE 100: Wall Street mixed and Europe higher as traders look ahead to US inflation
The FTSE 100 was 0.1% lower in early trade.

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