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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (698)2/26/2004 8:54:07 AM
From: gregor_us  Respond to of 116555
 
Seasonality: Japan Fiscal Year Ends 31 MAR: Yen Effect.

It bears mentioning that Japan has bolstered its Yen Weakening Operations every year just prior to 31 MAR, when companies repatriate earnings/report earnings to book full year results.

Given what's happening to the USD right now, one might conjecture the USD may not resume its strong downtrend until 31 MAR is in sight, or passed.