Portfolio manager Axel Merk tells Barron's the government and the Bank of Japan are getting more assertive which may not be good for the yen
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It [Japanese yen] has been a relatively safe currency; "but now that the government and the BoJ are getting more assertive, it may not be such a good time for the yen," says Axel Merk, president of Merk Funds, who last month sold his yen holdings from the firm's Hard Currency Fund…"