Yen Exchange Rate Watch

p00r_s0ul_83

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Hopefully when the US stimulus plan comes around risk adversion sentiments will drop and so too for the Yen. *pray hard*
 

stars87

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Hopefully when the US stimulus plan comes around risk adversion sentiments will drop and so too for the Yen. *pray hard*

more importantly, pray hard the republicans dont SABOH the plan by not passing it in congress.

if it gets stuck there or significantly watered down, be prepared for like the other time, another massive wipeout of stocks. bailout has to be big, massive financial shock and awe. nothing else can work out.
 

stars87

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16.4000 as of now. STI went down today. but matched by corresponding drop (almost same % wise) in Nikkei.

i wonder will it rise or fall tomorrow
 

Nakata6

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i think i yen has dropped today yeah?

anyway, it seems that mustaha has been a popular place to change Sing $ to jap yen. Is that ture? my trip to japan is this coming saturday.. so i'm hoping to hit the best rates :p
 

feryl

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i think i yen has dropped today yeah?

anyway, it seems that mustaha has been a popular place to change Sing $ to jap yen. Is that ture? my trip to japan is this coming saturday.. so i'm hoping to hit the best rates :p

this saturday? :eek:

forget it lah, unless there's a sudden bullrun on the STI, you won't see much difference...you better start buying to take advantage of cost averaging, in case STI drops again over the next few days then you cry.
 

bertina

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seems like mustafa rates are better than the shops at The Arcade.

anyone knows if the actual rate at mustafa is the same as its online forex?
cos im have been monitoring that when it shows 16.3+ last week on mustafa online, the one at suntec is still ard 16.4+

tks
 

stars87

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down marginally. 16.51.

anyone knows when 1Q profit taking results are out ? im planning to change some before that. expecting 1Q results to devastate the STI.
 

Nakata6

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this saturday? :eek:

forget it lah, unless there's a sudden bullrun on the STI, you won't see much difference...you better start buying to take advantage of cost averaging, in case STI drops again over the next few days then you cry.

yup that's why going to change this coming wednesday. Mustah I guess.
 

final1

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I may have said that there is a relationship between the STI and the Yen, but I did NOT mean that you can predict the short-term movements of the yen based on the STI.

Please be careful of this if any of you are thinking of changing yen based on where you think the STI is going.
 

stars87

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Please be careful of this if any of you are thinking of changing yen based on where you think the STI is going.

thanks and noted. any other interesting relationships between the yen and other currencies / financial system ?
 
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pompousboy

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Where do you change SGD into YEN? I was at Jurong Point just now. Changed 400SGD at 0.0166.
 
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