NO WAY OUT: U.S. WARNS Japan Over Saving Its Currency As The Dollar FLIPS On Exporters

As Japan scrambles to save the collapsing Yen, Yellen has warned that any intervention has to be rare, limited and must be consulted with the US. We'll go through why the US dollar has to stay strong to prop up the US economy. On the flip side, a stronger dollar is causing manufacturers to hurt, contrary to the narrative of helping exports through a weaker local currency. Here's what you must know!