Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.26

+0.4%

3:49 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (40205)	2/15/1999 9:30:00 PM
From: GST	Read Replies (1) of 164684

Sarmad--http://www.cme.com/cgi-bin/gflash.cgi There are several things pushing and pulling the yen/dollar. A large trade surplus gives dollars to the Japanese/Chinese which they can put in the US market or move elsewhere. Countries with large trade deficits usually have weak currencies -- ours is the exception because those foreigners with the bucks have been content to keep them parked here. Last week they decided to bring the bucks home, tonight they said they would bring them home at a slower rate than was implied last week to head off a steep rise in their interest rates and their yen -- both of which threatened to slow their economy. One last point, there are different players -- MOF wants low rates and cheap yen -- BOJ wants low inflation and no more bubbles. It is a tug of war.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next