Talk In The Street 6-11-10
Talk In The Street is agian about the Dol/Yen , I have heard this all before and watching Dol/Yen is like watching paint dry. Here is what the talk is about in the short form.
Some big dogs think the trend of the US dollar vs. the Yen seems now to be turning in the US dollar’s favor and against the Yen, in broad terms and in short. The strong Yen has been a very real weight upon the export oriented Japanese economy, and the manufacturers there want a much weaker Yen,(same with the Swiss they want a weak CHF.
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