Here's hoping you don't have vertigo, because if you have been watching the yen slide, you could have a problem.
In the wake of a call for
But Geoffrey Yu, an FX strategist at UBS, says this is not a sea change.
"We're comfortable with saying there will be a structural change further down the line, but right now it just seems a lot of people are being squeezed," he told CNBC.
Yu argues that at the moment there is "too much focus on what potentially may happen in Japan," what with all the political turmoil. "No one's looking at the true driver of dollar-yen higher which is U.S. yields." There is also the matter of investors chasing returns before year end and the looming fiscal cliff, he says. (Read more: What Is the Fiscal Cliff? CNBC Explains)