Flash: Japanese/Korean currency tensions start to build - BTMU

FXstreet.com (Barcelona) - Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that tensions are rising between Japan and Korea over Japanese monetary policy.

They continue adding that in response to building tensions between Japan and South Korea as a result of the weaker yen, Japanese academic and Abe advisor, Hamada stated that instead of blaming the Japanese central bank “they should demand that the Korean central bank have a proper monetary policy”.