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The yen (FXY -0.8%) has weakened sharply in the last few minutes, with the dollar making another...

The yen (FXY -0.8%) has weakened sharply in the last few minutes, with the dollar making another run at ¥100, currently buying ¥99.80. A move into triple digits would be the first time that high for the greenback in 4 years.
Comments (4)
  • It hit it....and in a big way...so when does the G-20 say this is currency manipulation...lol
    9 May 2013, 02:18 PM Reply Like
  • It won't be considered currency manipulation for a long time. Remember, as recently as 2007 we were at 125 yen per dollar. And we've only just crossed 101.

     

    So this thing has a long way to go. Shorts are in really good shape.
    10 May 2013, 12:21 AM Reply Like
  • My parity+ prediction coming true, surge style. Next upside objective: 1.10 but expect to sell and buy back to get there.
    9 May 2013, 03:13 PM Reply Like
  • Yen/Dollar rate on the Friday before Lehman...107.51
    9 May 2013, 03:32 PM Reply Like
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