11.   Low rates undermine the yen by prompting Japanese to seek higher returns elsewhere and sell yen for other currencies to invest abroad.

12.   Low Japanese rate undermine the yen as investors, in search of higher returns elsewhere, sell yen for other currencies.

13.   Low Japanese rates undermine the yen by making yen-denominated assets such as bank deposits less attractive.

14.   Low Japanese rates undermine the yen by making yen-denominated assets, such as bank deposits, less attractive to investors.

15.   Lower German rates undermine the mark by discouraging investors to invest in lower-yielding deposits denominated in the German currency.

16.   Lower German rates undermine the mark by reducing the returns investors can get on mark-denominated assets such as bank deposits.

17.   Lower Japanese rates undermine the yen by making deposits denominated in that currency less attractive.

18.   Lower rates undermine the Australian dollar by making some assets denominated in it less appealing to global investors.

19.   Low Japanese rates often undermine the yen by making yen-denominated assets such as bank deposits less attractive to investors.

20.   Low Japanese rates undermine the yen by making yen-denominated assets such as bank deposits less attractive to investors.