Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

avatar
KoolkoalaSM Private ID: 183401927
No profile added yet
Follow
    Of the remaining 5 trillion yen that the Ministry of Finance can use to intervene, it seems that about 2 trillion yen worth of US dollars was “released” into the exchange market today, but such money only became “bait” for speculators specializing in domestic and foreign exchange. The value of the dollar will rise to its original value within a few days, or more. The “live ammunition” that can be used for intervention is also 3 trillion yen left, and once this runs out, it's “game over.” Unless the abnormal interest rate difference between Japanese and US currencies is resolved, the dollar may reach close to 200 yen rather than 170 yen by the end of the year.
    Translated
    $USD/JPY (USDJPY.FX)$ The Bank of Japan's intervention is no longer just a “cheap sale of dollars” to speculators, and the situation is like “water to burnt stones.”
    Translated
    $USD/JPY (USDJPY.FX)$ The New York market will soon “wake up.” From here on, full-scale depreciation of the yen will begin again.
    Translated
No more