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basic69isokay
Joined: 28 Sep 2014
Location: korea
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 Posted: Wed Nov 19, 2014 4:40 pm Post subject: Asian Currencies:Race to the bottom |
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Welp, Korean won is takin a nosedive in order to follow Abe's policy of printing money and trashing Japan's currency.
In my years here, I've learned that the won rises slowly but drops at the speed of light.
Get ready for 1200-1250 range.
Hope you got those loans from back home paid off because its time for the weak won. Samsungs lovin it. And gunhyes certainly not going to step in to curb the freefall. |
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GENO123
Joined: 28 Jan 2010
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| Posted: Wed Nov 19, 2014 6:13 pm Post subject: Re: Asian Currencies:Race to the bottom |
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| basic69isokay wrote: |
Welp, Korean won is takin a nosedive in order to follow Abe's policy of printing money and trashing Japan's currency.
In my years here, I've learned that the won rises slowly but drops at the speed of light.
Get ready for 1200-1250 range.
Hope you got those loans from back home paid off because its time for the weak won. Samsungs lovin it. And gunhyes certainly not going to step in to curb the freefall. |
http://www.youtube.com/watch?v=rmf1AYgYj6I |
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wooden nickels
Joined: 23 May 2010
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| Posted: Wed Nov 19, 2014 6:36 pm Post subject: Re: Asian Currencies:Race to the bottom |
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| basic69isokay wrote: |
Welp, Korean won is takin a nosedive in order to follow Abe's policy of printing money and trashing Japan's currency.
In my years here, I've learned that the won rises slowly but drops at the speed of light.
Get ready for 1200-1250 range.
Hope you got those loans from back home paid off because its time for the weak won. Samsungs lovin it. And gunhyes certainly not going to step in to curb the freefall. |
1350-1400 range |
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basic69isokay
Joined: 28 Sep 2014
Location: korea
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| Posted: Wed Nov 19, 2014 7:10 pm Post subject: Re: Asian Currencies:Race to the bottom |
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| wooden nickels wrote: |
| basic69isokay wrote: |
Welp, Korean won is takin a nosedive in order to follow Abe's policy of printing money and trashing Japan's currency.
In my years here, I've learned that the won rises slowly but drops at the speed of light.
Get ready for 1200-1250 range.
Hope you got those loans from back home paid off because its time for the weak won. Samsungs lovin it. And gunhyes certainly not going to step in to curb the freefall. |
1350-1400 range |
Yep. I'm bracing for it. |
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