With many eyes focused on the machinations of the euro, the yen has quietly moved to a...

|By:, SA News Editor

With many eyes focused on the machinations of the euro, the yen has quietly moved to a multi-month high, and near all-time highs vs. the greenback. At ¥78.78, it's a level thought to strangle Japanese exporters and has often led to currency interventions - most recently, the coordinated action in March (worked for about 3 weeks).