Market Watch

U.S. Warns Japan Not to Print Too Much Money

Thought everyone could use a laugh first thing Saturday morning…..

The U.S. Treasury on Friday warned Japan not to actively weaken its currency as it again refrained from naming China a manipulator.

“We will continue to press Japan to adhere to the commitments agreed to in the G-7 and G-20, to remain oriented towards meeting respective domestic objectives using domestic instruments and to refrain from competitive devaluation and targeting its exchange rate for competitive purposes,” the Treasury said.

Full humor can be read HERE