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The yen is on the move (as much as a currency that mostly flatlines can be) on headlines from...

The yen is on the move (as much as a currency that mostly flatlines can be) on headlines from the Kyodo news service suggesting the government is set to craft a new stimulus plan. This one is sure to work. The dollar +0.4% vs. the yen and buying ¥79.95. FXY -0.3%. Japan shares ETF: EWJ +1.3%.
Comments (1)
  • if the yen can weaken meaningfully it will help the exporters, could be a turn in the tide of negative sentiment for the japan autos and heavy's

     

    long HMC
    16 Oct 2012, 11:49 AM Reply Like
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