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The yen is bound to turn the tables on the dollar

U.S. competitiveness worries will bring currency imbalances into focus

| Japan
Monitors display the yen-dollar exchange rate in a Tokyo dealing room on Sept. 7: There may be turbulent times ahead in the currency markets.   © Reuters

Peter Tasker is a strategist for investment company Arcus. The views and opinions expressed are those of the author alone.

It is not just Tom Cruise's return reprising the title role in the film "Top Gun: Maverick." There is a distinctly 1980s vibe to the currency markets these days.

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