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Japanese Yen Rate Rise

Discussion in 'Beginners Bootcamp' started by mrbeanbag, Jul 18, 2010.

  1. mrbeanbag

    mrbeanbag Recruit

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    What will happen to the yen when rates start to go up? Can you imagine that Japan will have to eventually bite the bullet and increase interest rates? The yen is already the best currency to hold in crisis (that I know of), and if rates go up , according to conventional wisdom, then the yen should go up too - the rate differential thing, but look what happened to the Euro when the Greek bomb fell! I would love to hear your comments on this so we can prepare for the future. Thank you.
     
  2. mrbeanbag

    mrbeanbag Recruit

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    Well, July has passed and still no replies to this message. So that means my question is either too hard or too insultingly easy. The yen is still King of FX. The bigger it gets the harder it might fall. Humor me traders, I look forward to your ideas. Thankyou.
     

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