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Monday, November 28, 2011

What does 'appropriate' yen levels mean?


UPDATE 2-Japan govt aiming for 'appropriate' yen levels | Reuters

TOKYO, Nov 29 (Reuters) - Japan reminded markets that it remains on guard against any sharp rises in the yen, with the finance minister pledging on Tuesday to achieve "more appropriate" yen levels even as the currency moved away from its record highs hit last month. Bank of Japan Governor Masaaki Shirakawa also signalled that the central bank's ultra-easy monetary policy aims to keep the yen in check by pushing down longer-term interest rates.

Jimmy Rogers Long Commodities and Currencies


Jim Rogers Says He's `Long' Commodities, Currencies - The Washington Post

Nov. 29 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy. Rogers also discusses Europe's sovereign debt crisis, Federal Reserve monetary policy and the U.S. economy. He speaks from Singapore with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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