ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Forex

Investors get '90s flashbacks as yen inches higher

Washington's tough trade stance canceling out interest rate spread

TOKYO -- As the dollar gives up some of its recent gains against the yen, some investors are watching for a possible repeat of the Japanese currency's appreciation in the 1990s, when trade friction outweighed monetary policy differences.

The yen has strengthened by 5 against the dollar since bottoming out in mid-December at just shy of 119 yen. It's still down by more than 10 since the November presidential election, when it stood at around 101, amid expectations of U.S. economic stimulus.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more