SG Talk

Japan and Korea have dumped billions of dollars defending the yen and the won against the strong US currency

https://markets.businessinsider.com/news...ion-2022-9

Once USD flight for safety. The printed Yen and won actually become toilet paper.
After Jap central bank buying so much yen, did you see Yen recover?

What Japan needs to do now is to coorporate with China to dump away all the USD and bond onhand?

(11-10-2022, 12:42 PM)RiseofAsia Wrote: [ -> ]Once USD flight for safety. The printed Yen and won actually become toilet paper.
After Jap central bank buying so much yen, did you see Yen recover?

What Japan needs to do now is to coorporate with China to dump away all the USD and bond onhand?

Japan and S Korea are vassal states of evil America!

(11-10-2022, 01:22 PM)cityhantam Wrote: [ -> ]Japan and S Korea are vassal states of evil America!

To be exact, it is Japan only.

(11-10-2022, 12:42 PM)RiseofAsia Wrote: [ -> ]Once USD flight for safety. The printed Yen and won actually become toilet paper.
After Jap central bank buying so much yen, did you see Yen recover?

What Japan needs to do now is to coorporate with China to dump away all the USD and bond onhand?

My simple mind tells me when their central banks stepped in when JPY hits low point. It becomes the floor price ( who wants to fight against central banks)...Once JPY rises, they can sell JPY at a profit....

Even Aussie dollar is now S$1=A$1.11

Dun worry lah. China will dump money also to defend its currency.

Quote:During 2015-16, .... It spent nearly US$320 billion of its foreign currency reserves to quell market panic and reduce the risk of a stampede away from the yuan.

https://www.scmp.com/economy/china-econo...t-currency

This time, the situation is worst than 2015-16. Commie China nearly "habis" its US Foreign Reserve laio

It should be more than USD100 billion lah at the end

https://www.taipeitimes.com/News/editori...2003786037

The money moves to a place with higher interest rate. 

Japan's low interest rate cannot be compared to US higher interest rate. Korea can compete with US interest rate.

(11-10-2022, 01:32 PM)RiseofAsia Wrote: [ -> ]To be exact, it is Japan only.

Till today, S Korea's military is still under American command.

Balls kena squeezed frequently!  

That's why on Xinjiang issue, they voted according to the wishes of USA!

dump is not correct LOSS of reserves
as u watch the scroll calmly Ba -Gay-Ro might be screaming their lungs out

BaGayRo ya watching USD against Yen
reali it is this


and papergolds for China and Russia and Saudi might turn it into a physical market only
in simple term it begins with noFLOW into LBMA

(11-10-2022, 02:12 PM)teaserteam Wrote: [ -> ]It should be more than USD100 billion lah at the end

https://www.taipeitimes.com/News/editori...2003786037

sinkapore also not safe lah. u see how much they are dumping usd to keep sgd at 1.42-43