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Japan Has Discovered The Deadly Nuclear Radiation &Nbsp; The Yen'S Risk Aversion Is Falling Apart.

2011/3/29 13:55:00 50

Japan'S Lethal Nuclear Radiation Yen

28 days in other parts of the world

Economics

In the context of strong recovery, Japan

Fukushima

Near the periphery of the nuclear power plant was detected fatal.

nuclear radiation

Japan's economic recovery has been more of a shadow. The yen has fallen against all currencies, and the yen's risk aversion has collapsed.


Fatal nuclear radiation is detected outside Fukushima


Reported that 29, the first time the detection of nuclear radiation level outside the Fukushima nuclear power plant area has been fatal enough, such a high level of radiation in the vicinity of the nuclear power plant farms, Tokyo 220 kilometers south of the water supply and other areas.


Capital market currency trading company Tempus Consulting Inc.

Greg Salvaggio, senior vice president of Washington, said: "the current trend of US dollar / yen is closely related to the time of Japan's nuclear leakage."


Salvaggio said: "as the number of claims continues to increase, insurance companies are aware that they will have to pay huge amounts of compensation, and it is worrying whether the Japanese government has the ability to deal with this situation."


The yen's risk aversion has collapsed.


Salvaggio also said: "taking into account the current nuclear crisis in Japan, I think the yen's risk aversion has been disintegrated, and at the same time, the Swiss franc's risk taking hegemony will become increasingly strong."


At present, the US dollar / yen traded near 81.70, up 0.37% from the previous trading day, and the highest exchange rate reached 81.84, the lowest being 81.29..


The German Commercial Bank (Commerzbank) revealed that the US dollar / yen has been down for fear of joint intervention by G7, while rumors of overseas capital returning have not been broken. Now we should pay more attention to the negative comments of the Japanese yen.


The bank believes that the dollar / yen will drop and rise if there is no further dollar / yen gain.


USD / yen 82-83 gateway has strong selling pressure


Societe Generale, the Societe Generale, said that although the dollar / yen set was a high of 81.84 levels since the 10 trading days, the price has not reduced the risk of decline.


The bank also said that the US dollar / yen had to break through the downward trend line pressure and 82.50 water square could ease the exchange rate to a historical low of 76.51.


In addition, Yuichiro Harada, vice president of Mizuho Corporate Bank, said that the US dollar / yen rise may be blocked at 82, where Japanese exporters are selling, and the selling pressure of 83 places may be even heavier.


 
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