Seeking Alpha

The greenback is again testing postwar lows vs. the yen, after giving up all of its gains...

The greenback is again testing postwar lows vs. the yen, after giving up all of its gains following the Japanese intervention a few days back. "Mr. Yen" says we haven't seen anything yet. Dollar buys ¥76.50.
Comments (1)
  • Chris Bersaw
    , contributor
    Comments (584) | Send Message
     
    A dollar doesn't seem to buy much these days, not only is it getting JPY 76.4350, add to that EUR 0.6905, CAD 0.9795, GBP 0.6055, AUD 0.9458 and CHF 0.7883. With PPI both headline and core both exceeding expectations the second month in a row, eventually it will buy less domestically as well. The new normal?
    17 Aug 2011, 09:56 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|