Japanese Yen’s Drop Raises Potential for Broader Market Trouble - The Wall Street Journal
4/24/2022 12:00:00 AM3 yearsago
by Akane Otani, Caitlin Ostroff
by Akane Otani, Caitlin Ostroff
Weakening currency raises hedging costs for Japanese investors holding U.S. assets
The Japanese yen has tumbled to a 20-year low against the U.S. dollar. That might be bad news for markets far beyond Tokyo. Traders around the world watch the yens rise and fall not just to follow J… [+212 chars]
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