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Forums - General Discussion - Sony / Ninty Yen boost. Markets finally catch up with me ;-)

So at the moment it is;
82 to USD, which is 2 out of 80, i.e 2.5% higher than predicted
and
106 to EUR which is 6 out of 100, i.e. 6.0% higher than predicted

which means all income generated in the EU at this time around generates 6% more value in YEN than calculated for Sony and Nintendo.
That's good news. And if these numbers shift even more in favour of USD and EUR this could be a really great factor for sony to get out of trouble again... let's hope the best.



must-have-list for platforms i don't own yet:

WiiU: Donkey Kong

XBone: Dead Rising 3, Ryse

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Now. if Japan make Zimbabwe currency its official, all of Japan's financial woes will disappear overnight. You could be a loaf of bread weight for weight!



hmmm this is good news. How long will it last though?



Sounds good, sony can use a boost right about now.



Exellent. Hope it sticks.



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kowenicki said:
maverick40 said:
hmmm this is good news. How long will it last though?


Potentially for a while.  Japanese election, fiscal cliff, euro situation looking a little more settled.

This is good news for a change. 



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

 

The 3DS is printing so much money over there its creating inflation and helping Sony out? I take back anything I ever said about Miyamoto.:P



Before the PS3 everyone was nice to me :(

what is the best balance,i never quite understand,when you are strong you are weak,when you are weak you are strong,currency wise

is there a best situation for profits or that your whole market is overseas,when do things start to effect apple & samsung currency wise for example



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Man, I hope that yen keeps falling. I bought a pile of Nintendo stock when it was at it's lowest. It's up, but the growing yen has stalled growth.