Thursday May 24, 2012

Euro slumps to new 10 year-low against yen

Business ( 2 )

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The euro hit 104.27 yen, its lowest level since June 2001 AFP

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  • 0

    TumbleDry

    Since the article was written, it got even worse. EUR went under 104

    Let's all buy yen!

  • 0

    kchoze

    When will the Japanese government find the courage to follow in the Swiss' footsteps? Meaning, say "we will no longer tolerate a Yen valued at over X Yen per dollar/euro and we will outright print money and intervene in an unlimited manner in markets to reach this goal"?

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