Japan's finance minister prepared to take action on yen
The remarks by Jun Azumi succeeded in weakening the value of the yen against the US dollar in Monday trading. Wonder how long it will take before markets call his bluff .... once again ;-)
"This is an utterly speculative move and not reflecting the economic fundamentals at all. This is regrettable," Mr Azumi said. [color=Red]Regret...
wuhan
the ID Yuchen above is also chinese
i have meet few chinese here
I dont have QQ and I cant write chinese mate,,am overseas chinese which leaving china since world war II and am the third generation now...ni se nu ren hai se nan ren ?
i am panda
hehe
maybe Yuchen is a pretty girl who is in Canada now
Going short wasn't such a bad and crazy idea after all ;-)
Assume that mr Azumi is enjoying dinner at home talking to his wife about what a tough man he is, feared by Forex guys worldwide.
Price flirting around 76, is gonna be a break it or test it man!!
这老头不认识汉字的
USA nor EU wants to help out Japan via joint intervention. Both countries have too much problems of their own to sort out which leaves them out on their own. For group based societies this is an absolute dilemma, hence the huge indicision. This is also why I don't expect any strong trend changing intervention in the Forex market at all.
Todays trading seems to suggest that big traders in the Forex community are of the same opinion. Price went lower eventhough strong warnings were issued during the weekend and today.
Leaves one question: who...
