Isn't it the case that the Japanese economy is not doing great, so the only reason the Yen has been on the high side is because the European and US economies are doing as bad or worse? If Japan's improvement lags the USA and Europe's a bit, especially if USA and Europe raise interest rates slightly in the next year or so, then the Yen should depreciate further.
Is the 80/100 level significant in a medium term context?
Hopefully this also means an easing of the NZD vs the USD. We don't like being in the high 70s - low 80s. Mid 60s to low 70s is a lot more comfortable for us.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
