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Unlocking the Yen's Potential
The weaker yen, vital to Japan’s economic future, it’s down around 30 percent against both the dollar and the euro since November.
But the trade deficit has ballooned – it’s 69.7 percent higher than a year ago.
Teis Knuthsen tells Saxo TVs Sara Walker it could take 6 months for the benefits of a weaker yen to be felt.
01:38 minutes
Tags: currencies, dollar, economic future, euro, forex, fx, japan, jpyusd, sara walker, saxo bank, saxo tv, teis knuthsen, trade deficit, tradingfloor.com, usdjpy, yen
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