Word: yen
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Dates: during 2000-2009
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...billion Record amount spent by Japan in foreign-currency markets in January to bolster the value of the U.S. dollar against the yen. Even so, the dollar kept falling...
...lightened up in action films. In Shanghai Shanghai, she showed her dancing skill in a wild kung fu tango with Yuen Biao. She played the double role of a (male) emperor and his ancient (male) ancestor in Wu Yen. She graced three Jackie Chan films (playing his stepmom in Drunken Master II) and four with Stephen Chow. Her finest fantasy role was as Tung the Wonder Woman in The Heroic Trio and Executioners, in which she joins forces with Maggie Cheung and Michelle Yeoh to save the world. Even in this comic-book chaos, she has an iconic Mui moment...
...next one, the drummer Cliff (Elisha Cook Jr.), has a yen for hot jazz, fast women and funny cigarettes. Carol catches his wild eye with a perfunctory kiss or two and the promise that ?I?m a hep kitten!? In a jam session with other sweating, hopped-up jazzmen - the film?s most famous scene - Cliff beats the skins in a masturbatory delirium. She accompanies him back to his seedy apartment, gives him another kiss and a brief lap-sit and ankles when he admits he was paid...
Have you hedged your portfolio against the falling dollar? If not, there's still time to act. Since January 2002 the greenback has declined 25% against the euro and 16% against the Japanese yen. And many foreign-exchange experts say the dollar may drop an additional 5% to 10% against major currencies over the next year. One key reason for the dollar's woes is the bulging U.S. trade deficit, which is likely to top $600 billion...
...money at home, which softens demand here. To gauge the impact of a further dollar decline on investments, RiskMetrics Group, a New York City quantitative-research firm, ran a so-called economic-stress test, which analyzes statistical correlations between currency moves and the markets. If the euro and the yen each rise an additional 10% against the dollar from levels in early November, the study found, the Lehman Aggregate Bond Index could slip 0.6%, which means that a $10,000 bond would lose about $60. It would cost the S&P 500 index 3.4%, the NASDAQ...