The Japanese yen extended its weakness in the middle of the trading week as investors continued to shrug off the tougher language coming from the authorities. Traders have abandoned expectations that Tokyo will intervene in the foreign exchange market to support the struggling currency. Bank of Japan (BoJ) Governor Kazuo Ueda sent a warning to the financial markets regarding a possible policy move that could lift the yen. “Abrupt and one-sided weak yen moves raise uncertainties and are negative for Japan’s economy and undesirable as, for example, they make it hard for companies to formulate their business plans,” he ... (full story)