US Dollar has officially lost its "toilet paper status" today...

Quote from ASusilovic:

USD/JPY 79.76.

Despite an earthquake in Japan, possible meltdowns in 4 reactors, JPY stronger than US "toilet paper".

Impressive. :cool:
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Massive repatriation of JPY. Exactly as expected. Has nothin to do with which toilet paper is stronger.
 
Quote from ASusilovic:
----USD....
----JPY....
----earthquake in Japan....
----possible meltdowns....
----"toilet paper".
More...
Looks like you're back in "full stride". :cool:
 
The Government said inflation is low. You didn't get that memo? I went to fill up the other day and it cost me about 40% more. Went to buy some coffee at the grocery store and the price was 50% higher. Oh wait! Stupid me. Inflation doesn't count those sort of essential things.

Quote from misterno:

Inflation is higher than Japan that is why

http://bpp.mit.edu/daily-price-indexes/
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Simple repatriation of JPY from assets sold around the world probably from a lot of entities and insurers as well... something is needed to finance all the reconstruction.

And if past is any guide in 1995 the JPY gained 2000 pips on USD after the Kobe Earthquake...

So maybe the same could happen now, at least is what i expect the trend will probably accelerate downward and even reach mid 60's
 
Quote from salvador90:

So maybe the same could happen now, at least is what i expect the trend will probably accelerate downward and even reach mid 60's
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Cool.
 
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