Relief for Ninty and Sony? Improving exchange rates (update)

[Zlejedi]

kowenicki said:

Zlejedi said:

kowenicki said:
not so great again now...

Euro exchange rate is back down to a pretty painful 101.

So Dollar still on track, but the Euro is well below Nintendo and Sony forecasts. Hefty currency losses in those Euro regions at the time when sales are the highest... not good news.

Euro/USD is now nearing to 1.30 so whatever Yen is losing against dollar is countered by failing euro for Yen/Euro pair.

er... what?  I dont really understand that sentence... but

The Euroto Dollar exchange rate is utterly irrelevant in the context of this thread.

This is about the Yen/Dollar & Yen/Euro exchange rates and their effects on Japanese exporters.

All that matters is that the Yen/Euro is at an almost record low (strong Yen to Euro ratio) and the Yen/Dollar hasnt really improved much recently.

I repeat, this is about Japanese exports to Europe and the US.  

Sorry I assumed you actually know what currency pairs are:

http://www.instantforexincome.com/currency_pairs.html