The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODOYen recovers to 152 range against dollar in Asian trading
SINGAPORE©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODO
11 Comments
Login to comment
kurisupisu
@Fourice
The system is rigged by a few.
Greed takes ahold of the manipulators and empires crumble.
History is full of examples.
WoodyLee
So now 150 +/- is an acceptable number but it wasn't a year ago!?
200 is the perfect one and that's were it will eventually be at, weak yen is good for Japan always has and always will be.
FourIce
The weakening yen is just a reflection of the difference of the fiscal policy between the US and Japan, a reflection of the fundamentals. Naturally, the Japanese yen will weaken again sometime later even after these interventions.
Come to think of it, interventions should be considered illegal as it a market manipulation. When an individual or institution manipulates a currency, they are criminalized but not BOJ nor any government. So they are above the law. Sounds unfair. What do you think?
jib
Enjoy the 5 yen discount through Goldenweek.
kurisupisu
It’s ok
The yen will soon be weakening again.
i just took a cycle ride around my area and noticed another abandoned house can be added to the several around.
Nevermind that a corner patch of ‘mud’ is on sale for 90,000,000 yen!
One of the neighbors scratched his car whilst parking it and can’t afford to get it fixed.
The Japanese seesaw is well out of kilter …
therougou
They think it's OK for speculative traders to trash the yen, but when the government pushes back they cry foul.
nandakandamanda
Why all the negativity?
Tim Sullivan
Thanks for the discount -- must call Prestia and buy some more dollars now.
リッチ
All the money wasted by the government. Agree it’s probably even going to go higher than 160 now seeing investors and other countries see the intervention.
Spitfire
It will be back to ¥160 to the dollar in a heartbeat.
Those days when Japan thought they could control everything are long gone.
lunatic
manipulate the markets all you want.
it's not gonna work.