How could China possibly lose control of its currency?
The yen's range is defined for now, but there is likely to be pressure to weaken it further as other currencies in the region keep declining.
The Dollar Index began a multi-year mark-up in 2011, and I would anticipate further eventual gains for the buck.
Keep in mind, QE had some unintended consequences.
Past foreign currency moves have been even worse.
Currency devaluation helps deepen deflationary spiral.
The Fed, China and Japan may have some surprises up their sleeves.
A Fed rate rise would have a bigger impact on the dollar than walking away from Iran.
'Revaluation' as opposed to 'devaluation' is not just an issue of semantics.
Japan's nukes are coming back on, so the yen's outlook is shifting.

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