picture of the day

Nap time

24 Comments

A foreign exchange dealer takes a rest as a monitor displaying the yen's exchange rate against the U.S. dollar flashes at a trading room in Tokyo on Thursday.

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24 Comments
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this dude must be on a 24 hr shift hence should go home to take rest.

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Better get those z's in now lazy man cos once it goes under 80 the alarm won't stop ringing and you'll have to run around looking all busy and productive.

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Japanese hard at work.

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That's not a FOREX display ! It's an alarm clock !

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This dealer seems comfortable with current exchange rate !

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s¥esta

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I sure took advantage of this today!

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just looked and the yen was 80.99 -- looks like tomorrow will be even better!

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Oh boy. I just moved into a cheaper apartment due to getting my salary in dollars, pounds, and euros. If this keeps up I will be sleeping under a bridge and drinking SPARX chi-hi.

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It's a hard life... Doing nothing for a living! Yen at 79.5 tomorrow.

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I think if the U.S. gov't hadn't gone on this wild spending spree the past two years the dollar would be worth more than 81 yen now.

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Japan will intervene again after this weekend's G20 meeting in Korea.

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The weak dollar is great for the US. Can bring manufacturing home again, create jobs, and export quality American goods and get the U.S economy humming again.

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Symbolic picture of current Japanese economy.

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When I first came here it was 157 to the dollar, this is just scary.

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Yes, we can - 79.5 tomorrow! Wake up, tool!

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Keep falling, U.S. dollar, keep falling! I'm just bummed the Aussie dollar/economy is going through the roof - I want it to fall too!

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zzzzzzzzzzzzz Life is hard!

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bobbafett.... that was classic. Meantime about that Forex121/FX scam that has hit Japan... This is Japan form 12PM - 1PM and on the train. Life is good when you're babysat.

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This is the start of the Second Economic failure.

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There is a possibility that noborito is right. If the US housing prices continue to decline then consumer spending will remain weak as people try to reduce debt. Might just dip back into recession again. Hopefully not....

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I doubt we`ll see it dropping much further personally. In recent history, the lowest the yen has dropped to was 79.75 (in 1995) then it subsequently rose to 147 over the next 3 years. So this is a major psychological level here (80)

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Keep falling, U.S. dollar, keep falling! I'm just bummed the Aussie dollar/economy is going through the roof - I want it to fall too!

Yes, because an entire economic downturn happens in two years, and like, you know, not take a decade of events to make it happen.

Righhhhhhht.

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sheesh... when my dad was in Okinawa, it was almost 300 to a dollar...

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