21. All indicate that the yen is quite overvalued. 22. All in all, a cheap yen would be a small price for Asia to pay for a speedier recovery in Japan. 23. But if there is a yen for self-destruction in Milosevic, he has never displayed it. 24. But the paradox here is that until Japanese consumers leave the vault behind, the yen will never be able to be genuinely strong. 25. But Wagoner said in an interview then that the yen was less important than it used to be because Japanese manufacturers have considerably expanded their production here. 26. Explanations for why the yen is muscle-bound do not apply to the German mark and the other European currencies tied to the mark. 27. Got a yen to be president of the United States? 28. Instead, the same executives who screamed a couple of years ago that the yen was too strong are now saying it is too weak. 29. Interest rates shot sharply higher Tuesday while the dollar rallied against the euro and the yen after investors were surprised by an unexpectedly strong report on manufacturing. 30. Investors sold dollars after the fall on Wall Street, and Japanese officials immediately seized upon this, saying that the yen might be on a strengthening trend. |