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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Merritt who wrote (2287)12/13/1999 9:53:00 PM
From: Henry Volquardsen  Respond to of 3536
 
Hi Merritt,

I agree with you regarding the reason for the strengthening yen. A lot of Japanese money has been going home. Also a lot of foreigners who speculated against the yen on the basis of the economics have been badly burned by the Homeward Bound movement and have been forced out of their positions.