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Jay I read this article about 5 times because it was such an enjoyable read. I agree with you about the Yen making a turn. Back in 2007 the gbp/jpy cross was at 250+. Now it is at 129+. The Yen is strong. I have not read an article in awhile that was not only interesting but informative.
What are your thoughts on the Japanese end of year accounting season on March 31 of next year? With the Yen being as strong as it is today I don’t see the end of year accounting having any bearing on the Yen having to strengthen. I actually see the Yen weakening for some time to come.
Nov 2, 2012. 02:35 AM
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