Yen mixed in Asia on intervention speculation
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5 Comments
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2
jojo_in_japan
like pissing into the wind ....
http://www.japantoday.com/category/kuchikomi/view/teetering-euro-u-s-drought-may-send-yen-toward-50-to-1-level
2
jojo_in_japan
then there is this:
http://www.bloomberg.com/news/2012-07-30/japan-s-1-45-trillion-whale-may-crush-yen-bulls-william-pesek.html
1
bigpig
Other countries also want their currencies cheap if their economies are export mechanism.
0
Elbuda Mexicano
Pissing in the wind?? I guess China, USA want the Japanese Yen really, really Strong, $$$$$ Exports from the USA, and CHINA to Japan will soar??
1
basroil
The yen is the only major currency to rise year after year for the last half decade, nearly doubling in value even as debt doubled and industry slowed. It is un-natural at best, and will harm Japan's future.
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