Michael Taylor says the yen’s drop against the dollar is driven by more than rate gaps. Japan’s aging, shrinking population is a structural drag on the currency

BWB News TV • 2026-08-13 01:46 UTC • By Billy Odell Tucker-Robinson

Michael Taylor says the yen’s drop against the dollar is driven by more than rate gaps. Japan’s aging, shrinking population is a structural drag on the currency, while carry-trade flows are also a key force behind the decline.

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