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Forums - Sales Discussion - Euro/Pound dive against the Yen

NJ5 on 04 February 2010

Something to keep an eye on: huge and rare move down on the Euro and Pound today due to debt crises in several European countries. Euro 3% down against yen and more than 1% down against the dollar.

Euro to yen:

http://finance.yahoo.com/q/bc?s=EURJPY=X&t=1d&l=on&z=m&q=l&c=

Euro to dollar:

http://finance.yahoo.com/q/bc?s=EURUSD=X&t=1d

You can bet Japanese gaming companies are paying attention to this, and American ones will too if it goes more down. Another hit on the fragile gaming industry could result.

(btw, "financial crisis / recession is over" my ass)

 



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Grimes on 04 February 2010

It doesn't help that Japan's biggest company, Toyota, is getting demolished.



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

Slimebeast on 04 February 2010

3% is huge?



routsounmanman on 04 February 2010

Greece among these European countries. There's income freezing everywhere here; good thing I'm self-employed ^_^



My themeforest portfolio:

http://themeforest.net/user/corethemes/portfolio

Slimebeast on 04 February 2010
routsounmanman said:
Greece among these European countries. There's income freezing everywhere here; good thing I'm self-employed ^_^

Yeah I heard your foreign debt is 300,000,000,000 Euros lol.



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NJ5 on 04 February 2010
Slimebeast said:
3% is huge?

In one day, it's huge for a currency move.

Things like 10% movements don't happen in currencies as they do in stocks. (if they do, call the firemen)

 



My Mario Kart Wii friend code: 2707-1866-0957

Demotruk on 04 February 2010
Slimebeast said:
3% is huge?

In a day, yeah...



A game I'm developing with some friends:

www.xnagg.com/zombieasteroids/publish.htm

It is largely a technical exercise but feedback is appreciated.

O-D-C on 04 February 2010
NJ5 said:
Slimebeast said:
3% is huge?

In one day, it's huge for a currency move.

Things like 10% movements don't happen in currencies as they do in stocks. (if they do, call the firemen)

 

lol



Slimebeast on 04 February 2010
NJ5 said:
Slimebeast said:
3% is huge?

In one day, it's huge for a currency move.

Things like 10% movements don't happen in currencies as they do in stocks. (if they do, call the firemen)

 

Well, you're the man on economics, so I didn't distrust you. But actually that was news to me. I thought even in the rich world currency could drop up to 10% in a day lol.



routsounmanman on 04 February 2010
Slimebeast said:
routsounmanman said:
Greece among these European countries. There's income freezing everywhere here; good thing I'm self-employed ^_^

Yeah I heard your foreign debt is 300,000,000,000 Euros lol.

Too true >_>

You know, it's really unfair. As a nation, we're quite hard workers, but our politicians are beyond useless and corrupted. Having more than 8x times the UK's employees in the public sector doesn't help either.



My themeforest portfolio:

http://themeforest.net/user/corethemes/portfolio