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11-02-2011, 12:00 AM
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Japan Faces $510 Billion Losses From Yen Sales, JPMorgan Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEJXG-qFPFW5s5NkUEL4MyRBE1luA&url=http://www.bloomberg.com/news/2011-11-02/japan-faces-510-billion-losses-from-yen-sales-jpmorgan-says.html)
Bloomberg
“It&#39;s difficult to change the trend of the currency market” with intervention, said Sasaki, who used to work in the foreign-exchange division of the Bank of Japan, at a forum in Tokyo yesterday. “Even if the action can stem the currency&#39;s gains ...

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