Yen at 125 less black swan than gray under Ishiba
TOKYO–The “Ishiba shock” ruining stock investors’ week may only just be beginning for currency traders as the yen looks set to skyrocket. The reference here, of course, is to the surprise election of Shigeru Ishiba as Japan’s likely next prime minister. The veteran lawmaker, a self-described “lone wolf,” seemed to come out of nowhere last
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