USDJPY Hits 118 - Abe's Worst Nightmare: Weaker Currency, Weaker Stocks

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USDJPY Hits 118 - Abe's Worst Nightmare: Weaker Currency, Weaker Stocks

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20-11-2014, 12:30 PM

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USDJPY Hits 118 - Abe's Worst Nightmare: Weaker Currency, Weaker Stocks

An honorable member of the Coffee Shop Has Just Posted the Following:

Came across a comment as follows:

For an economy that is 60% consumer spending, the last thing you would want to do is wreck the currency and import inflation. Yes, it helps the 15% of your economy that is export based, but kills the majority with inflation.

Parity soon Yen=S$
Just saw Yen100=S$1.102

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