Sunday, November 9, 2008

JPY Appreciation (日元升值)

Rapid JPY appreciation against most major currencies is now the hottest topic in Japan. If you take a look at the current FX market. E.g. one AUD is now worth 66 JPY . A few months ago, it was between 100 and 90JPY. Market is moving very crazily these days and JPY appreciation still continues. For money investment, it maybe a good time to buy some other currencies like AUD or EURO if you have a lot of JPY. :-)

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