All posts are my personal opinion
-
Yen at around 110 to the dollar a key pain point for Japan firms: Reuters poll
Nearly half of Japanese firms think the government should start defending the yen at this month's dollar high of 110, a Reuters survey shows, underscoring the threat that rising fuel and other import costs pose to a fragile economy. Over the past two years, Prime Minister Shinzo Abe has sought to boost the economy and cure deflation with bold monetary stimulus that has successfully wrought a much weaker yen. But the yen's descent against the greenback to a six-year low of 110.09 on Oct. 1 - a rapid 8 percent decline over three months - has prompted a chorus of complaints from companies that Abe's medicine could ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 19, 2014 10:10pm Oct 19, 2014 10:10pm
- Rtm
- Joined Jan 2011 | Status: dump and pump | 913 Comments
- Comment #2
- Quote
- Oct 19, 2014 11:43pm Oct 19, 2014 11:43pm
- Prochartist
- | Joined Nov 2009 | Status: Forex never is easy. | 23 Comments
Forex
- Comment #3
- Quote
- Oct 19, 2014 11:59pm Oct 19, 2014 11:59pm
- Rtm
- Joined Jan 2011 | Status: dump and pump | 913 Comments
All posts are my personal opinion