The Mudcat Café TM
Thread #121958   Message #2780850
Posted By: Q (Frank Staplin)
04-Dec-09 - 05:03 PM
Thread Name: BS: Iraq Oil Bids
Subject: RE: BS: Iraq Oil Bids
The low U. S. dollar is a real worry to Japan and other Asian exporters of cars, etc; Japan is trying to prop up the yen.
In the last three days, the dollar has climbed three cents relative to the yen, but Asian manufacturers are hoping for much more.