BOJ monetary easing signals a weaker yen

The yen may weaken appreciably beyond 120 to the US dollar once the new Japanese financial year, beginning on April 1, gets into full swing, despite the view expressed last week by Etsuro Honda, an economic adviser to Prime Minister Shinzo Abe, that he is sceptical such a move could occur.

via South China Morning Post - Business feed http://ift.tt/1DXY3VC