DislikedExactly, which is why I believe B.O.J won't do anything again until it drops quite a bit further. There is an article I will try and dig up and post a link to, essentially the just of it is that then Yen below 70 is a disaster for Japan.. of course that is the writers opinion
CheersIgnored
Same happened to the Euro. Years ago I read Airbus was losing 500 million for every 10 pips up when the Euro went through the 1.30 point, now I hear no one complaining when it is closing in on 1.50. People adjust. Countries adjust.
New voice message: Why are you calling me? If I need you, I'll call you!