Yen Continues to Swan Dive…
Posted on February 25, 2012 at 07:54 AM EST
The Yen got hammered again this week breaking through almost all technical support and looks to at least test last years lows, equivalent to an 85 dollar/yen, but is moving up on a key zone of resistance at 81.50-82.25. Lots of factors lining up against the Japanese currency. Bloomberg BusinessWeek writes, Japan’s status as an export [...]