Friday May 25, 2012

JAPAN NEWS AND DISCUSSION

Surging yen levels as Tokyo hints of intervention

Business Dec. 18, 2008 - 02:52PM JST ( 9 )

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9 Comments

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Mark_McCrackenDec. 18, 2008 - 04:51PM JST

Intervention's not going to change much of anything. The market forces are too strong right now, with the US interest rate near zero.
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rajakumarDec. 18, 2008 - 08:52PM JST

Japan should use the strong yen buy power to buy up more foreign companies/assets for future business.
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billclintonDec. 18, 2008 - 10:43PM JST

“We will take appropriate measures, including currency intervention, at the appropriate time,”

the right time was 3 months ago
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YangYongDec. 18, 2008 - 11:00PM JST

I am lovin' Amazon dot UK / USA / Australia...
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some14someDec. 18, 2008 - 11:13PM JST

Japan warned of possible intervention in the foreign exchange market and ahead of an expected rate cut by the country’s central bank.

Go ahead, it is not illegal for BOJ or any other Central Bank to intervene, what is there to warn market players?
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ppayneDec. 19, 2008 - 01:29AM JST

As a person in the export business, I think I speak for many others in Japan when I say

DO SOMETHING!!!!!!!!!!!!!!!!!!!

Seriously, we're a small fry overall, but the $250,000+ we were paying in taxes a few years back are going to be zero now, and that goes for every other company in our situation. No taxes means no money for roads to nowhere, dig??
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ScottishThugDec. 19, 2008 - 03:52AM JST

“We will take appropriate measures, including currency intervention, at the appropriate time,”

The appropriate time was 1986.
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ScottishThugDec. 19, 2008 - 03:53AM JST

some14some,

Go ahead, it is not illegal for BOJ or any other Central Bank to intervene, what is there to warn market players?

Ministry of Finance does the intervention, not BOJ.
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elbudamexicanoDec. 21, 2008 - 08:26AM JST

This sounds like to little and too late, just let the Yen keep getting stronger and stronger baby!