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(Image from article: "China tops Japan as second biggest economy in Q2")

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Dollar rises above 100 yen for 1st time in 4 years

The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves.

 

Yen Intervention Paying Off

The yen's fall to its lowest level against the dollar and the euro in months is the latest sign that a coordinated post-earthquake intervention is working.

 

China tops Japan as second biggest economy in Q2

China tops Japan as second biggest economy in Q2

Growth in Japan's economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.

Senh: I'm not sure what I should be more impressed with - that China has finally became the second largest economy in the world or that a tiny country like Japan was previously in second place. I guess I'm equally impressed.

 

Yen Rises to 14-Year High Against Dollar

The yen’s strength prompted fresh concerns among Japan’s export giants, and could delay its move out of the deepest recession in decades.

 

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