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CurrencyShares Japanese Yen ETF Message Board

  • gordonfan4life2 gordonfan4life2 Feb 2, 2013 9:13 AM Flag

    Can't Touch this One...

    until the BOJ and Abe are done drilling down the Yen to cause a pop in their export driven economy. Abe can replace the BOJ members in April and he will if the BOJ doesn't drive down the Yen. A little historical perspective here - the Yen appreciated over 60% in the past five years and it killed corporate profits. They have now driven it down half way to the five year low but they aren't done yet. At some point they will be, but until then unlimited printing will cause the Yen to keep falling.

93.4026-0.3674(-0.39%)11:18 AMEDT