Mobius: Japan's Fighting A Losing Battle on Yen

Japanese officials are fighting a losing battle when it comes to propping up the weakening yen, according to Mobius Emerging Opportunities Fund Chairman Mark Mobius. He also explains why he doesn't think Chinese stocks are attractive compared with top pick TSMC in Taiwan, in a conversation with Haslinda Amin and Markets Live Executive Editor Mark Cudmore on Bloomberg Markets Asia.

[@someoneridesmountainbikes2355]

Dude knew future

[@Cordycep1]

Japan want yen above 150s but slowly so they can manage the inflation. They could not get yen pass 120 for 2 decades that is due to US govt pressure becuase detroit cant compete. that was the main reason why yen drop 220 yen to 160 in 1 year

[@DanBurgaud]

makes for a good time to invest in JAV idols...

[@Pip_hunter]

I just bought the yen

[@olivierm6893]

buying PE 55 companies instead of 8 PE companies. Terrible fund

[@gtcode]

Please, Mr. Mobius strip, save your bag holder sales pitch for your insiders. The Yen is sitting at the bottom of a major bottoming pattern and is a major BUY here at 0.0066. The trend has ended and the turn is here.

[@peterbedford2610]

151 looks more like a bottom than a launching pad

[@darrenloke5486]

This Indian salesman is ringing all the sus bells