Stocks end up 0.47%

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    KnowBetter

    I said this back on January 16, 2013 tighten up my claim of 92 to 98 yen that I stated back on November 16, 2012.

    Yen needs to be between 93 to 96yen to the US $ in order for recovery to be strong in Japan. Yes, that means that the PM's wishes of marked inflation will happen. Good for exporters bad for importers, bad for Japanese wanting to go outside the country for holidays and bad for anyone getting paid in Yen and needing to send some back home to help out family. Damn if you do, damn if you don't situation. Can't win with this one.

    They're on track to getting there and look what this does for Japan Inc. having a weaker Yen.

    I said this on November 16, 2012 when the Yen was at 81.128. How could I see this and the results being played out today if I know nothing as some of you have stated?

    For starters the Yen now needs to start it slide down to around the 92 to 98yen to the US dollar to bump start Japan Inc. back to life. If that doesn't happen before the end of this year I see Japan in a world of hurt come the new year. Ask yourself why is the Yen so high at a time that Japan is circling the drain. Who is holding the Yen up?

    There are other factors way beyond what is mentioned in this article but would bore you to death so it doesn't make print.

    What these so called equity traders claim is nothing more than speculation which is why we have these knee jerk reactions in FOREX markets. How do I know? I hear their BS day in and day out and a little hint here, having 16 monitors on your desk doesn't make you the Money GOD on the trading floor. I have 7 and I do just fine. Thank you very much.

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