Exchange Rate Thread (¥ Yen vs £ Pound) + YEN NEWS!

James@Touge · 27th November 2009, 19:46

This thread will show, day-by-day, the exchange rate between the Japanese Yen ¥, and the British Pound £.

Hourly Graph:

Daily Graph:

Monthly Graph:

James@Touge · 27th January 2010, 11:25

http://www.businessweek.com/ap/finan.../D9DFOK2G0.htm

What does this mean?

Basically if China and Taiwan are exporting more goods, thus having more income into their economy they can buy more domestic items whether they be Chinese or Japanese made.

With more Chinese products being exported the USD will start to weaken back to a more realistic level (2.0 USD to the £ would be nice).

With the Euro/£ importing more from China and our own economies stabalising you should see a decrease in Yen value over the next 4-6 months.

The recovery will be gradial until it stabalises around a nice figure.
As soon as financial institutions are comfortable in their native countries we'll see the Yen Carry Trade resume (borrowing high amounts,trillions of Yen - at very low interest rates, invest that money into constructions, investment funds etc in the West then pay back almost what you borrowed) which will push the Yen back to its "normal" rate.

I am no expert but from experiences of how the Yen works, this, could be a nice future for the Yen in 2010.

dahools · 5th February 2010, 21:44

I take it Toyota's international headlines haven't done the value of the Yen any good this week

James@Touge · 5th February 2010, 21:46

The £ has seriously dropped. Am not happy!

27th November 2009, 19:46	#1 (permalink)
James@Touge PM Matt@Touge - not me! Car: 2005 Premier EP3 Join Date: 27th November 2009 Location: Wilts, UK Posts: 1,059 Thanks given: 77 Thanked 76 Times in 69 Posts iTrader: (1)	Exchange Rate Thread (¥ Yen vs £ Pound) + YEN NEWS! This thread will show, day-by-day, the exchange rate between the Japanese Yen ¥, and the British Pound £. Hourly Graph: Daily Graph: Monthly Graph: Last edited by James@Touge; 27th February 2010 at 01:39.

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27th January 2010, 11:25	#2 (permalink)
James@Touge PM Matt@Touge - not me! Thread starter Car: 2005 Premier EP3 Join Date: 27th November 2009 Location: Wilts, UK Posts: 1,059 Thanks given: 77 Thanked 76 Times in 69 Posts iTrader: (1)	http://www.businessweek.com/ap/finan.../D9DFOK2G0.htm What does this mean? Basically if China and Taiwan are exporting more goods, thus having more income into their economy they can buy more domestic items whether they be Chinese or Japanese made. With more Chinese products being exported the USD will start to weaken back to a more realistic level (2.0 USD to the £ would be nice). With the Euro/£ importing more from China and our own economies stabalising you should see a decrease in Yen value over the next 4-6 months. The recovery will be gradial until it stabalises around a nice figure. As soon as financial institutions are comfortable in their native countries we'll see the Yen Carry Trade resume (borrowing high amounts,trillions of Yen - at very low interest rates, invest that money into constructions, investment funds etc in the West then pay back almost what you borrowed) which will push the Yen back to its "normal" rate. I am no expert but from experiences of how the Yen works, this, could be a nice future for the Yen in 2010.

5th February 2010, 21:44	#3 (permalink)
dahools Supporter Car: 2006 2.2 EX Join Date: 29th September 2008 Location: Oxfordshire Posts: 422 Thanks given: 14 Thanked 20 Times in 19 Posts iTrader: (2)	I take it Toyota's international headlines haven't done the value of the Yen any good this week

5th February 2010, 21:46	#4 (permalink)
James@Touge PM Matt@Touge - not me! Thread starter Car: 2005 Premier EP3 Join Date: 27th November 2009 Location: Wilts, UK Posts: 1,059 Thanks given: 77 Thanked 76 Times in 69 Posts iTrader: (1)	The £ has seriously dropped. Am not happy!