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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:
JPY
Discuss JPY
Apr 22 / 02:13 EDT
JAPAN: Nippon Life Insurance Co., Japan's largest life insurer in terms of assets, plans to increase its fiscal 2011 holdings of long-term Japanese government and corporate bonds after raising the balance of domestic bonds by Y1.16 trillion in the last fiscal year, the firm's chief fund manager said. The life insurer is also taking a flexible stance on buying hedged and unhedged foreign currency denominated bonds in the current fiscal year that began on April 1 because JGB yields remain low, Yosuke Matsunaga, general manager of the finance and investment planning department at Nippon Life, told reporters.
Ashraf
Chinese rate hikes or tightenings do not effect the Dollar .Why ? Dollar still continues to drop Gold still continues go higher.Till when will it continue so ?
Thanks