USDJPY

SpeedCricket · Post by **SpeedCricket** » Mon Sep 22, 2003 12:12 am

Wasn't that drop during the "Asain Financial Crisis," where the devalued Thai Baht and Indonesian meltdown dragged the financial region into the toilet?

Also, wondering if you are making this prediction based on some imminent bad news?

You just sparked my curiosity is all....

Ocean11 · Post by **Ocean11** » Mon Sep 22, 2003 12:49 am

The total destruction of Tokyo by the next big rumbler will lead to a plummetting yen, followed by a temporary recovery due to the building boom.

But I think db maybe has something else in mind...

Post by **enderzero** » Mon Sep 22, 2003 1:12 am

I'll go buy Yen tomorrow. I certainly know better than to ignore financial advice from Damian.

.... · Post by **....** » Mon Sep 22, 2003 1:51 am

SpeedCricket · Post by **SpeedCricket** » Mon Sep 22, 2003 11:05 pm

Damnation, now I know where to get help on my next econ exam!
Nice explanation, even for a novice like myself.

Post by **enderzero** » Mon Sep 22, 2003 11:20 pm

Jul.Day YYYY/MM/DD Wdy JPY/USD
2452885 2003/09/02 Tue 116.12
2452886 2003/09/03 Wed 116.04
2452887 2003/09/04 Thu 116.78
2452888 2003/09/05 Fri 117.06
2452891 2003/09/08 Mon 116.43
2452892 2003/09/09 Tue 116.32
2452893 2003/09/10 Wed 117.12
2452894 2003/09/11 Thu 117.07
2452895 2003/09/12 Fri 117.37
2452898 2003/09/15 Mon 117.40
2452899 2003/09/16 Tue 116.28
2452900 2003/09/17 Wed 116.01
2452901 2003/09/18 Thu 115.26
2452902 2003/09/19 Fri 113.98
2452905 2003/09/22 Mon 111.97

Looks like the dollar dropped quite a bit today. Would you wait until the end of the week to see if it rebounds? I was planning to buy quite a bit. Maybe I should avoid that at less than 112 Yen.

Ahhh, had you not mentioned this at all I just would have happily bought Yen at whatever price it was...now I know it will be a bad deal.

.... · Post by **....** » Tue Sep 23, 2003 12:13 am

Post by **enderzero** » Tue Sep 23, 2003 9:10 am

So even in the high 111s, Travelex (formerly Thomas Cook) is buying at 108.6 Yen. I can then assume that at 115, they would then buy at 111.7. Is this the standard for liquid exchange or should I try to find someplace better? The other place I called is buying at 104 Yen!

Yowzaaas, tough times for the dollar.

The other option is I only buy a little bit of Yen, live off of that for a while and buy more later. But this is not such a wise idea, I imagine, if the dollar is on its way down for a while. However, if you know a way to buy Yen in Japan without the huge commission hit, then it may be a better option, considering I will be there in a week.

So many financial decisions to make right now.

R3C · Post by **R3C** » Tue Sep 23, 2003 9:34 am

I guess we were lucky when we went there because it was 130. Woo Wooooo!!!

SpeedCricket · Post by **SpeedCricket** » Tue Sep 23, 2003 8:13 pm

Ry, just liquidate everything you own and buy GOLD! It's a safe and time proven investment, and when the apocolypse hits all these pansies will be crying over their checkbooks and silly paper money while you buy all of the caviar and ivory tusks you could ever desire!
This lady on the television is seriously saying this crap..... I've really got to smash this idiot box.

.... · Post by **....** » Wed Sep 24, 2003 5:48 am

teh Forum

teh Forum

USDJPY

USDJPY

Wow...