[nicmarlo]

I haven’t been watching that currency; but I was watching the yen....which is trading now about 95 yen to one. I remember back in the late 70’s it was about @220 or 230 to one dollar. An article last night said that the strength of the yen will negatively impact Japan.

[dennisw]

I haven’t been watching that currency; but I was watching the yen....which is trading now about 95 yen to one. I remember back in the late 70’s it was about @220 or 230 to one dollar. An article last night said that the strength of the yen will negatively impact Japan.

Yen is larger than Swiss Franc and more interesting especially since Swiss dropped the 40% gold backing for the Franc in 2000. I'll bet they regret that today
Yen is very healthy for obvious reasons. Japs run a very nice trade surplus and are much more economic nationalist than Americans. High yen is hurting them-- they always get through it

[milwguy]

each 1 yen change to the dollar costs Toyota 350 million from what I heard. Ouch

[palmer]

An article last night said that the strength of the yen will negatively impact Japan.

Not just them, a lot of our credit is carry-trade from cheap yen at low rates.

[DuncanWaring]

I remember back in the late 70’s it was about @220 or 230 to one dollar.

My recollection of that era is closer to 300-to-1.