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New Katsu Curry Index Rivals Big Mac Gauge to Show How Weak Yen Really Is

1 source ·1 article ·2h 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 ·2h ago

New Katsu Curry Index Rivals Big Mac Gauge to Show How Weak Yen Really Is

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.