Friday, February 15, 2013

Yen is Falling

I don't know if you've noticed, but the Yen is falling.  After being around $80 US for the last two years, the Yen started falling around November 2012 and hasn't stopped yet closing this week at $93 US.  This is very good news for watch lovers of the Japanese Domestic Market as the favorable conversion rate delivers instant savings.  At this rate $100 US is very likely this year and who knows, maybe we will hit the $120 US like the glory days of 2006.

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