Yen Devaluation
2013-02-07, USD-JPY (93.48), EUR-JPY (126.35).
2013-02-03, USD-JPY (92.68), EUR-JPY (126.26).
For reference only,
2007 July USD-JPY: ~120
2008 July USD-JPY: ~103
2009 July USD-JPY: ~ 98
2010 July USD-JPY: ~ 88
2011 July USD-JPY: ~ 83
2012 July USD-JPY: ~ 78
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1973 USD-JPY (~271 , 1973 Oil Crisis)
1974-1976 USD-JPY (290-300 Range)
1981-1985 USD-JPY (221-239 Range)
1990 USD-JPY (~158)
2002, Feb. USD-JPY (~134, Japan Asset Price Bubble)
How far will the exchange rate (USD-JPY) go ? Time will tell. Good Luck for both investing and trading.
Sentiment: Strong Buy