Yen Exchange Rate Watch

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Tsuteki

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Wall Street tumbles as investors dump financials- AP

Investors are back to worrying about banks. Long-present unease about soured loans bubbled over on Monday after Bank of America Corp. said it set aside $13.4 billion to cover lending losses, even as it posted a profit for the first quarter, and as anxiety grew about the results of the government's "stress tests" to determine if banks will need more government bailout money.

yes i think i will bounce back to 16 again, due to sg saying it will weaker its currency and the usa yesterday red like hell drop it think 300 point.
 
James Tang

James Tang

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Tsuteki said:
Wall Street tumbles as investors dump financials- AP

Investors are back to worrying about banks. Long-present unease about soured loans bubbled over on Monday after Bank of America Corp. said it set aside $13.4 billion to cover lending losses, even as it posted a profit for the first quarter, and as anxiety grew about the results of the government's "stress tests" to determine if banks will need more government bailout money.

yes i think i will bounce back to 16 again, due to sg saying it will weaker its currency and the usa yesterday red like hell drop it think 300 point.
Click to expand...

Yeah this morning when I update my IPOD and start seeing everything in red....
 
stars87

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Tsuteki said:
i got a feeling it will over 16 this time. cos investor lose the confidence on the banks.
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hopefully not,

CITIgroup turned in 1Q profit right ? the investor stress test may be a silver lining in a dark cloud.

what im worried about is 1Q SG company profit taking announcement and results. STI will probably freefall.
 
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stars87 said:
hopefully not,

CITIgroup turned in 1Q profit right ? the investor stress test may be a silver lining in a dark cloud.

what im worried about is 1Q SG company profit taking announcement and results. STI will probably freefall.
Click to expand...

umm this announcement i think it will worst the economy so do the currency. prepare another inflation.
 
stars87

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Ryoshi said:
annually i'll visit tokyo to donate money at least twice lol.

15.49 doesn't look good man...... argh
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a little sanity now, 15.44.

STI must have climbed higher today.

pray wall street recover tonight. then tomorrow STI will be in the black and all will be fine.
 
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