Yen’s Slump in Trade-Weighted Gauge Shows Its Broad-Based Drop

While the yen’s plunge to a four-decade low against the dollar has dominated headlines, a broader gauge of the currency’s strength is sending an equally worrying signal for Japan.

By John Cheng · Bloomberg Markets

While the yen’s plunge to a four-decade low against the dollar has dominated headlines, a broader gauge of the currency’s strength is sending an equally worrying signal for Japan.