Why a Rising Yen Is One More Headache for Global Markets

Why a Rising Yen Is One More Headache for Global Markets·The Wall Street Journal
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It's not just worries over jobs, the Federal Reserve and tech earnings. As if that wasn't enough, the Bank of Japan has helped spoil the party in the stock market—and not just in Tokyo. Japanese stocks plunged for two days after the country’s central bank took an unexpectedly hawkish turn on Wednesday.

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