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Curry Dish, Not Big Mac, Captures Just How Weak Yen Is, BNY Says

1 source ·1 article ·1h ago

A senior strategist at Bank of New York Mellon is using the price of a Japanese fast-food staple to get an accurate snapshot of the yen’s weakness as the impact of the recent intervention fades.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·1h ago

Curry Dish, Not Big Mac, Captures Just How Weak Yen Is, BNY Says

A senior strategist at Bank of New York Mellon is using the price of a Japanese fast-food staple to get an accurate snapshot of the yen’s weakness as the impact of the recent intervention fades.