SG Talk

Full Version: Yen fell 25% against USD in 1yr the surge 6% in 2 days
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This can't be good. 
When your currency is fluctuating widely against the benchmark USD. The Nikkei is having 1000pts swings day.


The Japanese central bank is defending the Yen ...but it's futile tehy will run out of bullets and all he'll can break loose.

The Japnese economy js in a mess. Shows that the actions to get itself out of the post bubble lost decade is coming to hunt them. 
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Nikkei crashing down
Be warned ....get out FAST.

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US depreciated Yen to buy Japanese asset as Japan disposed assets at dirt cheap price and then pushed up Yen to dispose off at huge profit.    

You, "financial expert", don't know meh?    

Repetition of Asian financial crisis in 1997.  

Rotfl