June 06, 2013

Japan's new monetary expansion plan is having a big impact on dollar and indexes

"Japan's monetary expansion is, for now, the biggest bazooka out there. The yen's one-fifth decline against the dollar in six months is as stunning as the Tokyo Price Index's three-fifths rally"

Source: A yen for our currency times
The Lex Column
Financial Times
Reprinted in Australian Financial review
Tuesdaay 14th May, 2013 page 23

No comments:

Post a Comment