OXR oxiana limited

gold to rally - jpn to commit double suicide, page-4

  1. SCD
    3,438 Posts.
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    20/01/04
    15:21
    Post #: 360737
    Today's NKS is worth reading as it reports about the side effects of recent massivie interventions in addition to the FX losses estimates (Y7.79tln) by the MOF interventions.

    It says Japans FX reserves ($673.5bln) are now too large to sell and this frozen asset would further deteriorate along with Yen strength.

    OXR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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