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There are two currencies now that everyone hates

Posted on 29 January 2013

By now you must already know the deal with the sagging Japanese yen. Japan has a new Prime Minister who has embarked on a promise of aggressive fiscal and monetary easing in order to beat deflation. The yen has been plummeting since November. That’s one currency that everyone’s bearish on.
The other story, and this is just getting started in the last few weeks is the British pound. Last week, the country came out with a negative GDP print, and people are talking about a “triple-dip” recession………………………………………..Full Article: Source


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VRS - who has written 39533 posts on Opalesque Commodities Briefing.


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