The yen (FXY) snoozes through an IMF warning over its devaluation, the agency saying the decline...

|By:, SA News Editor

The yen (FXY) snoozes through an IMF warning over its devaluation, the agency saying the decline may have gone too far. The yen's current level, says the IMF's David Lipton, has left it "slightly below" where fundamentals say it should be. By itself, it's not much of an issue he adds, as long as accompanied by promised fiscal and structural reforms.