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CHINOISE
Joined: 09 Dec 2012
Posts: 62
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mitsui
Joined: 10 Jun 2007
Posts: 1562
Location: Kawasaki
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 Posted: Tue Jan 22, 2013 8:13 am Post subject: |
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It is hard to say. I read different things.
But if the yen goes to 120 to the dollar, time to move towards the exits.
Actually there has been more movement vs the euro than the dollar.
It is currently at 119. |
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move
Joined: 30 May 2009
Posts: 132
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| Posted: Tue Jan 22, 2013 11:32 am Post subject: |
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"The yen will eventually be worthless."
That's a bold statement. |
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Haruka
Joined: 23 Aug 2012
Posts: 38
Location: California
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| Posted: Wed Jan 23, 2013 4:32 am Post subject: |
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| I read a similar article in 2009 stating the dollar was going to be worthless by now, so...unless dude's crystal ball is clearer than mine, take this with a grain of salt. |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Thu Jan 24, 2013 1:18 am Post subject: |
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| Despite Abe having no economic sense, the yen is too expensive. It really needs to be north of 100 to a dollar. |
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stumptowny
Joined: 29 May 2011
Posts: 310
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| Posted: Thu Jan 24, 2013 11:57 pm Post subject: |
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at 90.60 and climbing! damn... this is not good!
those of us living in Japan, we are effectively getting a huge pay cut (assuming you move money out of Japan).. thanks abe-san.. |
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Cool Teacher
Joined: 18 May 2009
Posts: 930
Location: Here, There and Everywhere! :D
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| Posted: Fri Jan 25, 2013 10:57 am Post subject: |
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Wow! This si bad for me! 
Remember we were talking befeore about the currency speculation well, maybe some might make some money!   |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Mon Jan 28, 2013 1:30 am Post subject: |
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| Cool Teacher wrote: |
Wow! This si bad for me!
Remember we were talking befeore about the currency speculation well, maybe some might make some money! |
It really only has been below 100 for the past 5 or so years. Before that it was always a good bit over 100. This is just a return to normalcy. |
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Haruka
Joined: 23 Aug 2012
Posts: 38
Location: California
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| Posted: Mon Jan 28, 2013 2:59 am Post subject: |
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| It was 120Y to $1 in '07 when I was there. It just sucks if you had intended to send money home in any kind of quantity. For me, this is great. It means my money will really stretch for those first few months until I start getting full paychecks. |
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currentaffairs
Joined: 22 Aug 2012
Posts: 828
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| Posted: Thu Jan 31, 2013 8:25 pm Post subject: |
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| rxk22 wrote: |
| Cool Teacher wrote: |
Wow! This si bad for me!
Remember we were talking befeore about the currency speculation well, maybe some might make some money! |
It really only has been below 100 for the past 5 or so years. Before that it was always a good bit over 100. This is just a return to normalcy. |
Exactly, in 2008 it was 240 to the pound. The yen was always artificially strong at 130 to the pound and 80 something to the dollar.. |
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