tag:blogger.com,1999:blog-12333088.post3851109603491752657..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on October 15, 2012Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12333088.post-89919485454363944472012-10-15T20:28:13.750-04:002012-10-15T20:28:13.750-04:00I think you have it backwards. The JCB want the do...I think you have it backwards. The JCB want the dollar price of one yen to fall so that Japanese exports get cheaper to foreign buyers. The dollar-yen quote tells you how many yen it takes to buy one dollar - this is the reciprocal of the number of dollars it takes to buy one yen. So the JCB does not want the dollar-yen to fall, it wants the dollar-yen to rise so that Japanese exports get cheaper in terms of dollars.Carl Futiahttps://www.blogger.com/profile/01624989905417650273noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-24119285808761983232012-10-15T12:22:03.444-04:002012-10-15T12:22:03.444-04:00The JCB doesn't want to support the Yen, they ...The JCB doesn't want to support the Yen, they want the Yen to weaken in order to buoy exports.Anonymoushttps://www.blogger.com/profile/11435577209309422051noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-24383034912639424662012-10-15T09:53:18.911-04:002012-10-15T09:53:18.911-04:00SP Has already traded below 1420, and Crude has al...SP Has already traded below 1420, and Crude has already broken support last week below 90.<br /><br />What are the updated levels ?Afshaikhhttps://www.blogger.com/profile/07706941833055902863noreply@blogger.com