Sunday, October 31, 2010

Why is the Japanese Yen Still Rising?

Adam Kritzer of Forexblog.com gives a almost convincing rationale. Maybe he is right what he is saying. What makes it so unbelievable of the Yen Moves for the last 6 months, The direction of the move, it is just one way . No corrections temporarily, at least day here day there, except for brief spike up during the intervention. How is that possible? Mystery mystery to me...

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