Economy

xchrom

(108,903 posts)

33. Here's What's Behind The Collapse Of The Japanese Yen — The Biggest Economic Story In The World

Fri Dec 28, 2012, 08:55 AM

Dec 2012

http://www.businessinsider.com/why-the-yen-has-been-getting-crushed-2012-12

***SNIP

Indeed this is really the huge story in global markets right now. In addition to being a major shift in one of the world's biggest and strongest currencies, it affects all sorts of manufacturers who do business in yen, or compete with companies that do business in yen.

Here's a three-year chart of the CurrencyShares Japanese Yen Trust, an ETF that's designed to track the yen. As you can see, it's been collapsing, and is now at a level that hasn't been seen in over two years.

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STOCK MARKET WATCH -- Friday, 28 December 2012 [View all] Tansy_Gold Dec 2012 OP

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Or the tide. Demeter Dec 2012 #2

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ah...good ol' Greenspin Roland99 Dec 2012 #45

i need to adjust my lipstick... xchrom Dec 2012 #19

Sos you can tell Greenscam to kiss off? Demeter Dec 2012 #49

i'd put lipstick on my ass for that. nt xchrom Dec 2012 #50

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Here's What's Behind The Collapse Of The Japanese Yen — The Biggest Economic Story In The World xchrom Dec 2012 #33

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