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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:
JPY
Discuss JPY
I still think we will see 100 in the USD/JPY this year again. The recent Yen strength is (if I look at the fundamentals) just a joke. I can't believe that someone seriously sees the Yen as safe haven...
It's also interesting to note of GS's view on raising JPY as safe haven.
Besides quote-unquote "safety", why would ANYONE not for the purposes of repatriating want to own yen?