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"weak yen" is correct and usable in written English.
You can use it to refer to the current value of the Japanese yen, which is weak compared to other major currencies. For example, "Due to a weak yen, many Japanese companies have experienced a decrease in exports."
Exact(60)
The weak yen is now pressing heavily on other economies.
Toyota said the weak yen bolstered profit in the quarter by 100 billion yen.
In itself, the harm that a weak yen does to Asia is not great.
A weak yen will, in turn, cause the trade surplus--and American hackles--to rise.
Boosted by a weak yen, Japanese exports are growing, while sluggish demand at home hurts imports.
Japan, in particular, needs a weak yen to fight off deflation.
For now, he is helped by a weak yen, which inflates the price of imported products.
A weak yen has long been a sticking point between Tokyo and its trading partners.
Without strong American growth, there is little hope for a weak yen to produce an export-led revival.
A weak yen helps Japanese exporters, and the dollar has gained 20% against the yen in recent months.
But a weak yen may also fuel inflation that would eat into bond prices and scare off foreign investors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com