Well … that could be a headline, right? He’s been very vocal, but today all seems quiet from the new Japanese government.
Oh well, here’s an article to be getting on with:
In 2013, the U.S. dollar has been behaving like its old self.
Ever since the financial crisis, the dollar has been treated as a haven, rising when investors are feeling fearful and falling when they are feeling brave, a marketwide pattern that came to be known as “risk-on, risk-off” trading.
But this year, the dollar has forged a different path.
It has risen on positive news, gaining against the euro on Jan. 2 after lawmakers in Washington reached a budget accord, potentially averting a U.S. recession. Just days later, when the government released disappointing jobs numbers, the dollar fell.
It is a throwback to precrisis times that has caused a stir among currency investors and strategists.
WSJ: In Currency Market, What’s Old Is New Again (Gated – a news search on the headline may turn up something)