CurrencyShares Japanese Yen Trust (AMEX:FXY)

Japan Bull Market Checklist
Strong Currency...check
Low Exposure to Sub-Prime...check
High savings rate..check
Banks flushed with cash..check
Ability to buy distressed U.S assets..check
Deflationary economy showing sings of ending...check
Japan market ready for takeoff!!

Seems to almost inverse the S&P. To many investors using borrowed Yen.

Category: World Bond
Fund Family: CurrencyShares Japanese Yen Trust
Net Assets: 987.72M
Yield: N/A
Fund Inception Date: 12-Feb-07
Legal Type: Exchange Traded Fund

will continue to grow

There is still a Yen carry trade in place world-wide, which may unwind as the dollar begins to lose value. The fed funds rate at 2 percent is beginning to force this unwinding, because the difference between Yen and dollar interest rates is narrowing. The yen will increase from this, and it will benefit from trade within Asia as the US economy begins to slow down.

The US Dollar will continue to weaken against major currencies until the US current account is more balanced. With high oil prices and the Fed's response to the credit crunch; the dollar is headed lower. The Yen appears to be a strong currency because the unwinding of the carry-trade will create demand for Yen

If the United States kept its current-account deficit below one percent of its total output, and if Japan kept its current-account surplus below two percent of its total output, the books would balance better. Until that situation develops, the balance wheel - the exchange rate - will probably keep slipping against the dollar.

the year-to-date daily correlation between ups and downs in the global stock market versus spreads between the yen and the euro is 93 per cent.

At Japan’s ultra-cheap interest rates, it makes sense to borrow there rather than where interest rates are higher.

The decline of the dollar will continue and this Yen based ETF should rise as a consequence. It gives exposure to the rise in the yen without exposure to the Japanese stock market which could decline as the yen's rise adversely affects exporters.

Dollar in exchange rate.

the japanses work well

Dollar will continue to fall against major currencies. Japanese interest rates are finally rising, hence monthly dividends become more attractive.

Dollar policy makes the Yen stronger

Soros is long YEN, and so am I.

Basically a chart play as FXY recently broke through upward resistance. The Yen is undervalued vs. the USD compared to other major currencies, and with the continued destruction of the value of the USD, I believe this is the best currency to be in.

With the Fed intervention, I would bet on the Japanese currency relative to the US$.

long time coming undue the carry-over as dollar weakens and t-bills rstaes decrease.

This is tricky. JPY is going down but not as much vs the USD$

Yen will continue to outperform.