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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (8351)2/20/2004 11:23:46 AM
From: t4texas  Read Replies (1) of 110194
 
japan's dollar intervention is more related to japan's desire to stay market share competitive in it's huge china trade. as long as china stays with its dollar peg and the dollar stays weak, japan will likely intervene. in addition the stronger yen would make japan's deflation much worse. just my opinion. japan's trade with china now and in the future is all critical for japan in japan's view.
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