Japan fired a major shot in the currency war in early 2013 when it devalued the yen against the US dollar under the current Japanese plan of ‘Abenomics’.
Could the the yen be a candidate for the first major currency crisis in a long time?
Japan is Australia’s second largest trading partner. For years the ‘carry trade’ out of Japan has pushed Aussie stocks higher. Trouble in Japan could easily show up in your investments. Find out more here.