Thursday, October 21, 2010

JPY: the Yen keeps on good to the account, despite instability of dollar

The dollar behaves extremely not stably, but for yen these days fluctuations of dollar have no value, and it remains in the good form. Yesterday pair USD/JPY has reached new 15 summer minima at 80.85, and this morning level has returned to 81. The bank of Japan while is silent, Sirakava has informed at night that steadfastly observes of influence of yen on economy. The assumption of Gejtnera that night level USD/JPY is at correct level, will be pleasant to the Ministry of Finance, but the essence of the matter hasn't changed: many still consider that the USA weaker currency is necessary. Session G20 in these days off will be sated as on the one hand there will be developed economy, and with another – developing.

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