Monday (28th) in the context of strong global economic recovery gained momentum in other regions, Japan Fukushima nuclear power plant near the perimeter was deadly nuclear radiation was detected, Japan cast a shadow over the economic recovery, the yen fell against all currencies, while the yen haven or collapsed.
Fukushima perimeter discovered fatal radiation
reports that today is detected for the first time Japan Fukushima nuclear radiation levels outside the area of nuclear power station have been lethal, appear such a high level of radiation in crop lands in the vicinity of nuclear power station, Tokyo 220 km of water supply to the South and other regions.
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United States economic spring hope non-agricultural employment data provides confirmed signal dollars revive treasures borrowing rose Han consumer confidence index collapse dollars low rebound difficult breaking weak pattern eurozone "Economic Union" non-day of Gong Ireland crisis or forced European Central Bank then out help March non-agricultural data or Director dollars "play" [RMB premium][market Center]capital markets currency transactions company Tempus Consulting Inc. stationed in Washington advanced Deputy President Greg Salvaggio said: "currently dollars/yen of trend and Japan nuclear leak time is closely related to. "
Salvaggio:" with the ever-increasing number of claims, insurance companies know that they will have to pay substantial compensation, and worrying is, Japan Government's ability to deal with this situation. "
Yen haven status or collapsed
Salvaggio also said:" taking into account the Japan current nuclear crisis, I think the Yen's risk aversion ability have been smashed, while at the haven supremacy will increasingly strong Swiss franc. "
near the current dollar/Yen trading to 81.7 than last session 0.37%, the exchange value of the highest hit 81.84, minimum hit 81.29.
Germany commercial banks (Commerzbank) revealed that out of concern for G7 joint intervention, the dollar/Yen has stopped falling, at the same time rumours of overseas funds back does not work since the break, should now refocus on Yen's negative comments.
the Bank believes that if no further dollar/yen after bad appeared, the dollar/Yen will be stopped falling and rising.
gateway with strong selling pressure USD/Yen 82-83
France Industrial Bank (601,166, unit) (Societe Generale), while the dollar/Yen intraday highs 81.84 levels since refresh 10 trading days, but before the exchange rate is reduce the risk of falling.
the line says, dollar/Yen 82.5 only break the downward trend line pressure levels in order to ease the currency fell to record low 76.51 level.
in addition, Mizuho Industrial Bank (Mizuho Corporate Bank) Vice President Yuichiro Harada said dollar/Yen rallied resistance may be encountered in the 82, where Japan exporters sell order, 83 selling pressure may be more heavy.
