Is USD/JPY reasonable at 120?: The comparison of the manetary bases

After the Bank of Japan (BoJ) decided the additional monetary easing on 31st of November, USD/JPY reached 122 once and is now traded around 120. We review if the rate is appropriate from a long-term viewpoint, after the radical depreciation from about 110.

Screen Shot 2014-12-09 at 14.41.58 Continue reading Is USD/JPY reasonable at 120?: The comparison of the manetary bases