Disappointment over token efforts resulted in exactly what Japan didn't want: an even stronger yen, which has gone from 85.2 to the greenback on Aug. 23 to 84.4 on Sept. 1.
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美元兑日元汇率也大幅下挫,一度触及87.40日元的10个月低点。同时美元兑瑞士法郎汇率接近等值。
It also fell heavily against the yen, at one point touching a 10-month trough of Y87.40, and neared parity with the Swiss franc.
While the Yen's haven status can't be contested just yet it is important to note that this week we have seen the USDJPY pair returns to a more positively correlated pattern.