Dollar Steadies, Keeps Yen Pinned Near 40 Year Lows The Japanese yen has continued its slide towards four decade lows, sending shockwaves through financial markets.
While some blame the US Federal Reserve's stance on interest rates, others point to a complex interplay of global economic forces. Japan's economic woes are long standing.
The country's debt to GDP ratio has been rising for years, and demographics pose significant challenges to growth.