Traders on High Alert as the Yen Hits a Four-Decade Low

Traders on High Alert as the Yen Hits a Four-Decade Low The Japanese government has already tried once to stop the yen’s slide. Will it intervene again? This article is for subscribers only. Where will the S&P 500, dollar, and Treasuries end the year? Let us know in the latest Markets Pulse survey. The last time the yen was this weak against the dollar, Ronald Reagan was president and Top Gun had just launched Tom Cruise toward the pinnacle of Hollywood stardom. [Image text:] 1O00U OO FEDERALRESERVENOTE PL69635483K An L12 StevenT.Mowilin 5000 10000 1OO QX REDDON SAASCKNAN OEAWIDRICA FORALLNOTSEANDRVATE JULY PL69635483K ERIES AF135240XV 40003 8