Japan follows Switzerland in latest currency interventions.

[roamer65]

Source: Bloomberg

Looks like the currency war is heating up. Japan follows Switzerland with action against the falling dollar.

Read more: http://www.bloomberg.com/news/2011-08-04/japan-follows-switzerland-in-intervening-to-stem-currency-s-appreciation.html

[ixion]

1. "as investors sought a haven from the euro-region debt crisis and a deteriorating U.S. economy. "

And there it is. Or, rather, there it goes.

[Art_from_Ark]

2. Japan really has no choice but to intervene

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1639912

[indurancevile]

3. isn't this how ww2 started, with the us playing the role of germany?