Friday, November 9, 2007

When Will Japan Intervene?

Well my dear JEW readers, as the global dollar sell-off continues in full swing against all major currencies we are moving into a territory which I just a few days implied to be wholly theoretical. You see, while indeed the USD has been trading at all time lows against Sterling and the Euro (to name but a few) the recent day's fall against the Yen has been particularly drastic. In time of writing

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