Currency Crunch: The Yen is massively mispriced

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The oxymoronic economy of Japan is baffling: undervalued currency, yet undoubtedly strong. According to financial analyst Peter Tasker, the Japanese yen is significantly undervalued and is due for a major revaluation. Tasker, however, praises Japan’s strong economy, low debt levels, and massive trade surplus as evidence of the yen’s true value, which he believes is much higher than its current exchange rate suggests. Tasker argues that it is only a matter of time before the yen rises to its true value, leading to significant changes in the global currency market. Read full article here

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