I WOULD SAY YES...! AND THAT IS A BIT SCARY...
AND AMAZINGLY THE YEN SEEMS TO BE THE WIPING BOY FOR THE DOLLAR!
THE MORE INFLATIONARY THE FED BECOMES ON THE DOLLAR...THE "BETTER" THE GLOBAL ECONOMY IS...AND THE MORE WILLING INTERNATIONAL CAPITAL IS TO BORROW YEN FOR THEIR GLOBAL SPECULATIONS.... THE ASSUMPTION SEEMS TO BE THAT THE WEAKER THE DOLLAR BECOMES...THE YEN WILL BE EVEN WEAKER...
GO FIGURE...
THE DOLLAR-YEN-CHINA CONNECTION IS A RUBE GOLDBERG DEVISE THAT MUST NEVER BE ALLOWED TO FAIL...!