1. And tension in the Middle East often weakens the yen because Japan, which imports almost all its oil, is heavily dependent on supply from the region. 2. And tension in the Middle East generally weakens the yen because Japan imports almost all its oil and is heavily dependent on supply from the region. 3. Auto makers stand to benefit doubly from lower-than-expected trade figures, which both weaken the yen and ease U.S. pressure over trade friction. 4. A plummeting won will weaken the yen because Japanese banks have billions of dollars in loans outstanding to Korean companies and those loans are becoming more difficult to repay. 5. But that weakens the yen, which creates problems for American and Asian exporters, straining these economies. 6. But when Miyazawa was told that his testimony had led some news agencies to report that he was trying to weaken the yen, he had a tart response. 7. Having reached a trade agreement, the two nations are showing signs of cooperating to weaken the yen. 8. His comments failed to weaken the yen much because traders were so used to hearing remarks on possible threats from North Korea to the South. 9. Historically low Japanese interest rates are also helping weaken the yen against the dollar said Yuhiko Kaji, a currency analyst at Sakura Bank. 10. In a display of independence, the Bank of Japan has shown little sign of capitulation to the domestic and foreign pressure to weaken the yen. |