The Japanese yen has weakened by more than 20% since July

Review: The fiscal cliff drama continues in the US. The US: After the unsuccessful vote in the House of Representatives, the initiative now lies with the Senate (Democratic majority). It is now up to the Democrats to get an agreement approved by the Senate and then to have it approved by the House of Representatives. There is no time to waste – the cliff will be reached on 1 January. However, it should be borne in mind that even if we go over the cliff, there is some ‘leeway’. The politicians

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The Japanese yen has weakened by more than 20% since July

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