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  • Japan's Sakakibara: Current weak yen positive for economy, further weakening beyond 130 would cause problems

the trailing stop is never getting hit ey...
Was told War Time.. Yen Safe Haven..... Just fuckery? or... The big banks fucking the little man before they buy Yen?
Quoting Jewell59
Was told War Time.. Yen Safe Haven..... Just fuckery? or... The big banks fucking the little man before they buy Yen?
nah man yen is a junk currency
They will never control this tsunami yen to 150 people lost faith in this currency
So 130 is their line in sand then? Devalue your currency even further with your announcement this morning, Inflate the profits of Japanese companies overseas, screw over people here in japan. Thanks, BOJ
maybe people are scared because japan can freeze account if the U.S told them so . Reputation damage ,Hence the dumping .
Dont belive in 130 Please, corection already started, medium term 117, long term much more down, big pips already in shorts and looking for buyers to trap, cheers
People don't plan to lose. They lose because they don't plan.
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yen is good from the usa travel to japan,
Putting things into perspective :


The Japanese Yen is fundamentally weak as low inflation in Japan is causing the Bank of Japan to keep interest rates low, at a time when other central banks in the U.S, Canada, Australia, New Zealand and the UK are raising rates to deal with high inflation in their domestic economies.

The interest rate differentials and divergence in monetary policy are forcing Japanese Investors to sell the Yen in exchange for currencies that pay a premium interest rate on Government and corporate bonds.

Not rockt science.
I come from the future.
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