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Japan has been following in the footsteps of the United States lately and is burning the Japanese Yen. The value of the Yen has fallen considerably since the beginning of 2013 as the Bank of Japan decides that monetary stimulus is a positive. Sure enough, the Nikkei 225 Index is up +65% since November 2012. Stocks are going to go up anywhere when the political class is hellbent on printing money. We'll see what Japan has up its sleeve for their next trick.

JAPAN: Passing The Torch - FXYperf