I dunno about that..read the rumors about the Yen and the change in economic theory going on..that they want to stop being deflationary and work on letting some inflation come in, which means stopping the Yen from being so strong.
I really dont see why the Yen is under 100 to the USD given the craphole that their economy is.
buck,
I dunno about that..read the rumors about the Yen and the change in economic theory going on..that they want to stop being deflationary and work on letting some inflation come in, which means stopping the Yen from being so strong.
I really dont see why the Yen is under 100 to the USD given the craphole that their economy is.
I was reading where Shinzo Abe's central economic plan was inflating the Yen to strengthen exports. It was widely known. He was elected last Sunday, (huge gap up), and it looks like it is going to keep going.
I was reading where Shinzo Abe's central economic plan was inflating the Yen to strengthen exports. It was widely known. He was elected last Sunday, (huge gap up), and it looks like it is going to keep going.
I was reading where Shinzo Abe's central economic plan was inflating the Yen to strengthen exports. It was widely known. He was elected last Sunday, (huge gap up), and it looks like it is going to keep going.
Thats what I also read..but the guy didnt last too long his last trip so who knows if they dont reverse it.
I seriously dont get how the Yen is this high vs the dollar, it isnt like their economy is better than ours..even with the FED blasting the USD I dont get why the Yen is so strong.
Quote Originally Posted by rick3117:
I was reading where Shinzo Abe's central economic plan was inflating the Yen to strengthen exports. It was widely known. He was elected last Sunday, (huge gap up), and it looks like it is going to keep going.
Thats what I also read..but the guy didnt last too long his last trip so who knows if they dont reverse it.
I seriously dont get how the Yen is this high vs the dollar, it isnt like their economy is better than ours..even with the FED blasting the USD I dont get why the Yen is so strong.