Yen at Four-Decade Low; Canadian Dollar Stands Out as G10 Volatility Focus
The yen has touched a 40-year low versus the dollar, with USD/JPY trading above 163 and the currency down 51% since 2011. At the same time USD/CAD is the lone G10 pair gaining this week, buoyed by a 6.2% rise in oil prices and robust retail sales. Market participants are watching central bank signals, intervention risks and energy price momentum as…