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Mar 30, 12 •
3697 Views •
Between the lines •
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Comments Off on A Quick Look At The Yen, The Aussie And The Kiwi As The Month Closes
The Japanese currency rose, not just as a traditional destination for safe-haven seekers but potentially as Japanese companies and investors may be selling foreign investments and repatriating profits as the end of the nation’s fiscal year is at hand. The...
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Dec 27, 11 •
3931 Views •
Market Commentaries •
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Comments Off on 2012, The Year Of The Yen?
Japan sold at least 14.3 trillion yen ($183 billion) in 2011 in order to stem the gains that cut profits for exporters, Finance Minister Jun Azumi has pledged more intervention if required in 2012. Intervention in 2012 may fail again however, as the financial...