Hopes of the yen topping out ...

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jpd0144
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Hopes of the yen topping out ...

Post by jpd0144 » Thu Feb 23, 2012 8:06 am

Lets hope this holds true so our tackle prices dont get any higher [-o<

http://online.wsj.com/article/SB1000142 ... 92130.html

"With the Bank of Japan shaking its conservative reputation, some in the market believe a yen rally that stretches back to 1998 is coming to an end. UBS lowered its forecast for the yen to ¥85 against the dollar by the end of the year, compared with its previous estimate of ¥80. The bank expects the currency to continue to slide in 2013, to ¥90."

damian_megabass
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Re: Hopes of the yen topping out ...

Post by damian_megabass » Thu Feb 23, 2012 8:46 am

What used to be rare will no longer be rare :cry:

It will be sad if I get my Monoblock for $1K then at the end of the year it drops to $700 :lol:
I will NEVER sell another 3:16 swimbait again!

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Re: Hopes of the yen topping out ...

Post by cst » Thu Feb 23, 2012 10:40 am

damian_megabass wrote:What used to be rare will no longer be rare :cry:

It will be sad if I get my Monoblock for $1K then at the end of the year it drops to $700 :lol:
I would be okay with that. $30 baits are getting a bit silly. :)

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Tokugawa
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Re: Hopes of the yen topping out ...

Post by Tokugawa » Sat Feb 25, 2012 6:41 am

It went from 73 to 81 just this week. It will probably be around 100 by summer...i hope.

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Johnny A
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Re: Hopes of the yen topping out ...

Post by Johnny A » Sat Feb 25, 2012 11:44 am

Tokugawa wrote:It went from 73 to 81 just this week. It will probably be around 100 by summer...i hope.
Unless you're using PayPal. If it's 81 normal, it's 71 on PayPal.

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jpd0144
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Re: Hopes of the yen topping out ...

Post by jpd0144 » Tue Feb 28, 2012 9:09 am

While I was at the Expo for the Bassmasters Classic I spoke with some reps that say even if the dollar was to make a comeback to the yen we wouldnt see the affects till 2-3 years from now as money being spent on RnD now at current rate is for next years products into the following ... :? Oh well lets hope the trend still works into our favor for the future !

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