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Alexdino
post Aug 26 2015, 04:50 PM

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yen will continue to rise as long as rmb devalued. since investor dump rmb to buy yen.

better buy now, and regret later
Alexdino
post Aug 26 2015, 06:45 PM

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QUOTE(michlove @ Aug 26 2015, 05:16 PM)
HAR!  shocking.gif

then how? should i change now?
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when u go? if next year i would advice wait, because end of this year US gonna raise interest not sure how the market will react.. if u plan to go this year then u sendiri think.. market is too unstable. try to read the yen news every day so you can make decision. prepare for the worst..
Alexdino
post Aug 27 2015, 03:29 PM

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QUOTE(michlove @ Aug 27 2015, 11:05 AM)
LOL....yah, very big difference  rclxub.gif
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but looking at how japan economic condition now.. i believe yen is now almost stable at 3.4-3.6 range for the next 1-2 months, if our RM doesnt fall further (hope that bersih this weekend wont trigger another round of drops)

QUOTE
China’s recent devaluation of its currency, the yuan, and the ensuing plunge in its stock market, stole the Japanese currency’s thunder as investors have been buying yen in a flight to safety. But the yen’s rising value isn’t yet a problem for the Japanese economy, said the BOJ.

Over the past three years, the yen has been systematically devalued as part of Abenomics, Abe’s economic plan to spark growth in Japan. The yen’s weakness compared to the US dollar was supposed to make Japanese products more competitive on the world market by making them cheaper.

And it was working, until the Chinese government decided to devalue the yuan. Now, Chinese products are cheaper on the world market, creating more competition for Japan.

China’s surprise currency devaluation and monetary easing will make exporters in Japan and neighboring countries less competitive.


This new level “won’t pose a big risk to Abenomics,” Hamada told Reuters. However, further strengthening of the yen could begin to hurt the economy and force the BOJ to release some monetary stimulus.


QUOTE
if the yen becomes stronger than the current level for another one month or two months, then the Bank of Japan may take monetary actions

Alexdino
post Aug 29 2015, 08:56 AM

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QUOTE(jtsl9 @ Aug 28 2015, 11:21 AM)
very true, I can help if anyone want to change some yen at Pavillion cause I just work at Wisma Cosway
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i think yen drop back to 3.43 range. want to take the risk and change it on next week?
Alexdino
post Nov 22 2015, 05:50 PM

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QUOTE(michlove @ Nov 13 2015, 11:27 AM)
my budget for my next japan trip has increased RM1800 due to the currency rate  cry.gif  cry.gif
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came back from 10days trip with 40k yen left laugh.gif, dunno wan to sell or keep for next year trip. hmm.gif... anyone wan to offer me any rate? pm me brows.gif
Alexdino
post Jan 5 2016, 02:02 PM

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selling 40k yen, interested pm me..
Alexdino
post Mar 8 2016, 04:57 PM

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any want yen can pm me

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