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On topic: Why is the Japanese yen so weak?

The Japanese yen is continuing to slide against the U.S. dollar despite the Bank of Japan ending its negative interest rate policy on March 19. The failure of this move to prop up the currency has brought renewed pressure for government intervention.Why is the yen falling, and what does this mean for Japan? Here is a selection of stories to bring you up to date on the latest developments.The yen dropped to its lowest level in 34 years last week, trading near 152 to the dollar. The rapid depreciation came...
Currencies

Japanese yen hits near 4-month low of 151 per dollar

SINGAPORE (Reuters) -- The yen languished near a four-month low against the U.S. dollar and a 16-year trough against the euro on Wednesday, a day after the Bank of Japan's widely anticipated decision to end its negative interest rate policy.While the Bank of Japan ushered in the country's first rate hike in 17 years, the central bank said it expected to maintain accommodative conditions for the time being, keeping pressure on the yen as U.S.-Japanese rate differentials remain stark.On Wednesday, the yen weakened to a four-month low of 151.34 per...