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CurrencyShares Japanese Yen ETF Message Board

  • wealthgear2 wealthgear2 Sep 9, 2011 12:41 PM Flag

    Anyone going long on Yen is playing with fire

    given the GDP report and outlook by Japan, BoJ has little choice but to take a drastic action.

    For those who do not believe drastic actions by large (stable :) economies is doable, please see what SNB did with Franc.

    Really, what choice does BOJ have if they have to let their economy recover? Their local, domestic consumption is already down enough that any ensuing inflationary effects of a Yen deval won't hurt them much more than what is happening now.

    In any case, I can't understand who would want to go long Yen given the present climate? But then, I have been surprised many, many times before.

    Good luck all and best wishes.

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    • Am wondering what results this Yen pegging or devaluation will have on Nasdaq stocks that rely on components from Japan?

      Going into the shopping season, given the ratio of components costs rising as a %age of electronic products, will the products themselves have to rise thereby hurting their sales?

      Any thoughts or advice?

      Regards

 
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