Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Box-By-The-Riviera™ who wrote (3878)	12/18/2003 10:13:18 PM
From: mishedlo	Read Replies (3) of 4905

No matter what it takes! Can someone get an opinion from Heinz on exactly what this means, for the Yen and the US$ and anything else he cares to comment on. quote.bloomberg.com Dec. 17 (Bloomberg) -- Japan's government will seek authority to spend at least 40 trillion yen ($372 billion) more to stem the yen's gains through purchases of foreign currencies, two Ministry of Finance officials familiar with the matter said. . . . "The government needs to send a clear signal it can keep selling yen, no matter how much is needed," said Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co. . . .

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