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jasonbvr (Offline)
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Posts: 771
Join Date: Dec 2006
Location: Japan
01-14-2007, 11:52 PM

Yeah, we'll see about that. I didn't read the article you posted, but did you see anything about the fact that the yen will weaken to 125 yen to the dollar before it starts to strengthen. The BOJ is expected to raise rates this week, but it will not change the dollar to yen because the Fed is keeping a strong dollar. Also the 108 in June may not happen if the BOJ decides to not make a second raise in their lending rates. If it even drops to 115, I'll be shocked.
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