Asian Session: Yen Expected to Drop Lower on Comments From Japanese Finance Ministry
September 30th, 2009 • Related • Filed Under
|
The economic environment in Japan has been less than attractive for investors considering the extremely low yields and heavily export driven growth. A recent wave of central bank commentary regarding intervention has been a significant component of the recent rally in major currency pairs. South Korea for example was said to have been purchasing dollars to stabilize the Won’s strong… | ||||||||||||||||||||
More on this topic
(What's this?)
Yen Rises Broadly, U.S. Dollar Index Falls
(Contrarian Profits, 9/11/09)
Dollar Rises vs Yen, Boosted by Short Covering
(Contrarian Profits, 9/21/09)
That was Yen, this is Wow! - Yen traveling this upward path on my charts
(UnBiasedTrading (TM), 9/11/09)
Subscribe



