[snowsislander]

In a letter last month to Treasury Secretary Henry Paulson, four House Democrats said the weakened yen had allowed Japanese automakers to increase their exports to the United States by more than 30 percent in 2006.

Actually, it's been quite a while since the Bank of Japan made any direct intervention in the currency markets, and even then that was back when the yen was around 103, not the current 117.

If it is any comfort to our Congress, as interest rates creep up in Japan, you will probably see the yen grow stronger.

[Live free or die]

Actually, it's been quite a while since the Bank of Japan made any direct intervention in the currency markets...

You're right that they don't do it too often and I remember one story sometime a few years ago they pumped a few hundred million into the dollar to shore up prices!

Go fig!