Yen Rallies as Bank of Japan Cuts JGB Purchases

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  • #14425
    Helmholtz Watson
    Participant

    [article]489[/article]

    #14426
    TradersCom
    Keymaster

    Yen continues to rally great pick from @heidstertrades

    #14429
    Assistanc3
    Participant

    how long does that last? Japan cutting JGB purchases

    the inflation Japan is seeing is temporary and due to transportation – not food inflation (even though that is what the BoJ survey talked about – based on what people THINK the prices will do in the future – just as reliable as pollsters doing presidential elections)

    Now if you think oil will hit $80 a barrel, which would drive up inflation, it will also hurt consumption.

    #14458
    Truman
    Participant

    The soft USD isn’t helping their cause import wise

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