Yen's Slump to Past 160 Is Function of Fundamentals, BofA Says

From youtube.com/markets

Claudio Piron, co-head of Asia foreign exchange and rates strategy at BofA Securities, says the weakness in the Japanese yen, which dropped as much as 1.2% to 160.17 per dollar on Monday before the move pared, says is "a function of fundamentals in a certain sense.