usdjpy

金星

under pressure before G7 this week...

hope may c 11850 this round...

金星

Japan is currency , claims US


Heather Stewart
Sunday February 4, 2007
The Observer


Japan has become the latest scapegoat for protectionist rhetoric in Washington, as Congress urges Treasury Secretary Hank Paulson to use this week's meeting of G7 finance ministers to accuse Tokyo of fixing the exchange rate of the yen.
With the Democrats keen to make their mark on Capitol Hill after their victory in November's elections, Michigan Congressman John Dingell sent the President a letter last week - publicised on his website under the title, 'Dingell to Bush: You Just Don't Get It' - urging the White House to prosecute Japan for currency manipulation.


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The yen has sunk to four-year lows against the dollar, and the 'big three' US carmakers, Ford, GM and Chrysler, have argued that Tokyo is 'manipulating' the currency markets by talking down the yen, making imported Japanese cars unfairly cheap.
Dan Ikenson of the Cato Institute in Washington said the car firms, and the new Democratic Congress, were looking for someone to blame for the poor fortunes of US manufacturing. 'To them, exports are good, imports are bad. Why are we losing at trade? It must be because our competitors are ing.'

Finance ministers from the G7 rich nations will gather in Essen, Germany, this week. Since the Bank of Japan defied expectations and opted not to raise interest rates last month, allegedly under political pressure from prime minister Shinzo Abe's government, European officials have also questioned the value of the yen. Paulson said on Thursday that he was watching the yen 'carefully', but analysts say the currency's decline has more to do with the 'yen carry-trade', under which hedge funds and other investors borrow in yen, at rock-bottom interest rates, and pour the cash into higher-yielding assets elsewhere.

Robert Ward of the Economist Intoldligence Unit said attention from G7 policymakers would be unlikely to encourage Tokyo to push rates up more quickly, as it struggles to return to normal after years of fighting deflation. 'This just complicates their decision.'

金星

Japan is currency , claims US


Heather Stewart
Sunday February 4, 2007
The Observer


Japan has become the latest scapegoat for protectionist rhetoric in Washington, as Congress urges Treasury Secretary Hank Paulson to use this week's meeting of G7 finance ministers to accuse Tokyo of fixing the exchange rate of the yen.
With the Democrats keen to make their mark on Capitol Hill after their victory in November's elections, Michigan Congressman John Dingell sent the President a letter last week - publicised on his website under the title, 'Dingell to Bush: You Just Don't Get It' - urging the White House to prosecute Japan for currency manipulation.


Article continues

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--------------------------------------------------------------------------------
The yen has sunk to four-year lows against the dollar, and the 'big three' US carmakers, Ford, GM and Chrysler, have argued that Tokyo is 'manipulating' the currency markets by talking down the yen, making imported Japanese cars unfairly cheap.
Dan Ikenson of the Cato Institute in Washington said the car firms, and the new Democratic Congress, were looking for someone to blame for the poor fortunes of US manufacturing. 'To them, exports are good, imports are bad. Why are we losing at trade? It must be because our competitors are ing.'

Finance ministers from the G7 rich nations will gather in Essen, Germany, this week. Since the Bank of Japan defied expectations and opted not to raise interest rates last month, allegedly under political pressure from prime minister Shinzo Abe's government, European officials have also questioned the value of the yen. Paulson said on Thursday that he was watching the yen 'carefully', but analysts say the currency's decline has more to do with the 'yen carry-trade', under which hedge funds and other investors borrow in yen, at rock-bottom interest rates, and pour the cash into higher-yielding assets elsewhere.

Robert Ward of the Economist Intoldligence Unit said attention from G7 policymakers would be unlikely to encourage Tokyo to push rates up more quickly, as it struggles to return to normal after years of fighting deflation. 'This just complicates their decision.'

金星

Japan is currency C H E A T, claims US


Heather Stewart
Sunday February 4, 2007
The Observer


Japan has become the latest scapegoat for protectionist rhetoric in Washington, as Congress urges Treasury Secretary Hank Paulson to use this week's meeting of G7 finance ministers to accuse Tokyo of fixing the exchange rate of the yen.
With the Democrats keen to make their mark on Capitol Hill after their victory in November's elections, Michigan Congressman John Dingell sent the President a letter last week - publicised on his website under the title, 'Dingell to Bush: You Just Don't Get It' - urging the White House to prosecute Japan for currency manipulation.


Article continues

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
The yen has sunk to four-year lows against the dollar, and the 'big three' US carmakers, Ford, GM and Chrysler, have argued that Tokyo is 'manipulating' the currency markets by talking down the yen, making imported Japanese cars unfairly cheap.
Dan Ikenson of the Cato Institute in Washington said the car firms, and the new Democratic Congress, were looking for someone to blame for the poor fortunes of US manufacturing. 'To them, exports are good, imports are bad. Why are we losing at trade? It must be because our competitors are ing.'

Finance ministers from the G7 rich nations will gather in Essen, Germany, this week. Since the Bank of Japan defied expectations and opted not to raise interest rates last month, allegedly under political pressure from prime minister Shinzo Abe's government, European officials have also questioned the value of the yen. Paulson said on Thursday that he was watching the yen 'carefully', but analysts say the currency's decline has more to do with the 'yen carry-trade', under which hedge funds and other investors borrow in yen, at rock-bottom interest rates, and pour the cash into higher-yielding assets elsewhere.

Robert Ward of the Economist Intoldligence Unit said attention from G7 policymakers would be unlikely to encourage Tokyo to push rates up more quickly, as it struggles to return to normal after years of fighting deflation. 'This just complicates their decision.'

北极熊

非常感谢金星，日元不赶碰。

金星

金星  在 2007-2-6 07:44 發表:

under pressure before G7 this week...

hope may c 11850 this round...

YEN may c 115 or lower very soon... ....

most of asian central banks  bot heavily above 120

KBG

金星  在 2007-2-7 23:47 發表:

YEN may c 115 or lower very soon... ....

most of asian central banks  bot heavily above 120

YEN may c 124  sooner or later...

金星

KBG  在 2007-2-8 17:26 發表:

YEN may c 124  sooner or later...

impossible.....i think ...

may be nothing...coming...