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Continued jawboning by Shinzo Abe - the man who looks to be the next Japanese PM - fails to do a...

  • Thursday, November 29, 2012, 7:36 AM ET
    Continued jawboning by Shinzo Abe - the man who looks to be the next Japanese PM - fails to do a lot for the yen. Amidst a weak retail sales report, he again calls for unlimited monetary easing and says the BOJ governor must be held accountable if a 2% inflation target (not yet official policy) isn't hit. The dollar is up a hair on the yen, buying ¥82.13.
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    conventional wisdom is that the yen will go to 85 over the next 6 months and possibly 90 within a year--i agree at this time
    30 Nov 2012, 02:57 AM Reply Like
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