Currency Converter for YahooJp ?

[squeefoo]

Ran across this on a surfing mission. Then thought of you guys who cruise Yahoo Japan. If it's stupid let me know (not a total geek). Not sure if it averages the price for exchange charges or goes straight, but hopefully it gets close enough to help. Gotta get over there one of these days.

http://www.oanda.com/products/...shtml

[1qckser]

Nice link , here is the one I use http://www.xe.com/ucc/

[elwesso]

Someone told me once that if you drop the last 2 digits thats usually a rough estimate of what you can expect to pay.....

[DAEDALUS]

That's a bad "rule" to live by, depending on how close an estimate you need. My parents enjoyed $1 = 300 yen decades ago. The dollar will have to drop at some point.

[squeefoo]

Methinks you misspoke, the dollar needs to go up. M3 is way up; (Greenspan=bad) therefore dollars are cheap everywhere. Helps the foreign investment -which we're soaking up like a sponge, but they are reaching the breaking point propping us by buying our bonds and their currency. Need a tie to gold somewhere.

[DAEDALUS]

Methinks you misspoke, the dollar needs to go up. M3 is way up; (Greenspan=bad) therefore dollars are cheap everywhere. Helps the foreign investment -which we're soaking up like a sponge, but they are reaching the breaking point propping us by buying our bonds and their currency. Need a tie to gold somewhere.

A dropping or falling dollar means that it will get weaker. It will buy fewer euros, renminbi, yen or rand (maybe not pesos). The trade deficit cannot continue. China will eventually and effectively float its currency; changes to their monetary policy have already been slated to begin in 2007. I thinks I spoke fine.

[squeefoo]

M3 is money supply. Supply and demand. Big picture supply and demand. This is your trade deficit. Some things are really that simple. Not sure what China has to do with our money supply. Never mind. Don't bother.

[DAEDALUS]

I was referring to the value of the US dollar against other currrencies. I thought that's what this thread was about. China has a lot ($15B trade deficit) to do with that. If you want to discuss the future of money supply, recession, domestic bonds, personal debt, American consumerism, and an inverted yield curve I'm all for it, but the US economy does not exist in a vacuum. The relationships and interdependencies of large world economies is a much bigger picture.