Hitachi head wants government to fight strong yen

Tackling or fighting a secular trend is always futile. The Yen remains strong as capital flees the the perception of relative risk. The Yen and U.S. dollar, though clearly underperforming gold, remain liquidity alternatives to the Euro. This trend cannot be reversed through government internvention.

The new president of Hitachi Ltd. urged the government to tackle the strong yen, which is squeezing business as he seeks to transform one of Japan's biggest companies.

Source: finance.yahoo.com