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Page 12

IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breaking

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383623
User ID: 383623
7/9/2008 1:29 AM

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IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breaking
Quote

Dollar Falls After AFP Says Iran Test-Fires Long-Range Missile

By Kosuke Goto and Stanley White

July 9 (Bloomberg) -- The dollar declined against the yen and euro after Agence France-Presse reported that Iran test- fired a long-range missile capable of reaching Israel.

The yen and the Swiss franc strengthened on speculation the missile test signals that international political tensions will keep escalating, spurring investors to buy assets in nations that are perceived as safer.

``The news of Iran's missile launch is causing the dollar to fall,'' said Masahiro Sato, joint general manager of the treasury division at Mizuho Trust & Banking Co. in Tokyo. ``It's also boosting the Swiss franc in a flight to safety. It's difficult to judge Iran's intentions regarding its nuclear capabilities, and that is a significant geopolitical risk.''

The dollar fell to 107.13 yen as of 2:01 p.m. in Tokyo from 107.50 yen late in New York yesterday. It also weakened to $1.5689 versus the euro compared with $1.5670 yesterday.

The dollar may decline to 106.70 yen today, Sato said.

Iran's Revolutionary Guards Corps fired ``a Shahab 3 with a conventional warhead weighing 1 ton and a 2,000-kilometer (1,240-mile) range,'' AFP said, citing Iran's state television channel Al-Alam.

``In this holiday-thinned market period, geopolitical news like Iran's test firing will see safe-haven currencies like the yen benefit,'' said Robert Rennie, chief currency strategist based in Sydney at Westpac Banking Corp., Australia's fourth- biggest lender.

Japan's currency climbed to 168.22 versus the euro from 168.45 in New York yesterday. The Swiss franc advanced to 1.0299 versus the dollar from 1.0337.

To contact the reporters on this story: Kosuke Goto in Tokyo at kgoto2@bloomberg.net; Stanley White in Tokyo at swhite28@bloomberg.net

Last Updated: July 9, 2008 01:08 EDT
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
383623
User ID: 383623
7/9/2008 1:31 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

[link to www.bloomberg.com]
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
ShiftyCaliber
User ID: 460952
7/9/2008 1:35 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Why does my fucking dollar depend on if some country can shoot into Israel?!


I'm more Pro-Israel than most but c'mon!
383623
User ID: 383623
7/9/2008 1:36 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

wake up doomer woo-woos!!!!! iran fires missiles capable of reaching isreal....and so it begins?????? bump
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
383623
User ID: 383623
7/9/2008 1:39 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

bump
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Kanigo2 Subscriber
User ID: 442313
7/9/2008 1:44 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Nice catch op!!! 5 star!!
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.

"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
Kanigo2 Subscriber
User ID: 442313
7/9/2008 1:48 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Test Fires NINE

One of them the long range one...

Source:

[link to www.reuters.com]
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.

"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
383623
User ID: 383623
7/9/2008 1:50 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breaking Quote

Nice catch op!!! 5 star!!

*****************************************************
aww thanks (hate to be the bearer of bad news tho) i had just seen this on bloomberg and decided to check their page.
god knows what we will see tomorrow....after a so-so day today on the market and oil going down etc, it might be a rough ride. i have tomorrow off, will be keeping a watch to see what develops
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Anonymous Coward
User ID: 465180
7/9/2008 1:51 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Idol1
DrPostman SubscriberModerator
Forum Moderator
User ID: 51197
7/9/2008 1:57 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

[link to www.fas.org]
"If you are going to end visits to the state by McCain/ Palin, do it.
Just don't formally announce that you are 'pulling out' of Michigan,
and then come back two days later asking the base core of support
to 'keep working.' What a slap in the face to all the thousands of
people who have been energized by the addition of Sarah Palin to
the ticket. I've been involved in County Party politics and organization
for 40 years, and this is the biggest dumbass stunt I have ever seen...

He has given up on our State? What a total and complete crock of
crap. Again, I think McCain owes the Republicans and the People of
Michigan a HUGE APOLOGY. SOON!"
-- Jack Waldvogel, Chairman of the Emmet County GOP



Can't PM? Feel free to email me at
DrPostman(at)gmail.com

Want to know if a site is down, or if
the problem is at your end? Go to:
[link to downforeveryoneorjustme.com]
383623
User ID: 383623
7/9/2008 2:01 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

shit. better watch "duck and cover" a few times so i know what to do when the Big One falls on top of me... hiding
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
383623
User ID: 383623
7/9/2008 2:03 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

nighty-nite folks i'm heading for the fart-sack, gotta get my beauty sleep.....
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Doomamatrix Subscriber
User ID: 463950
7/9/2008 2:05 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Oh chit.
Anonymous Coward
User ID: 459879
7/9/2008 2:07 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

that will stop the 48hr oil slide...its a long way down.
cyborg-george
User ID: 464050
7/9/2008 2:46 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

I declare, by the power I don't have that I got from nobody, that this thread is pinnable. Is 'pinnable' even a word? Probably not.

Me fail english? That's unpossible!

So is this it? WW3? I been expecting it every day since 9/11.
TX PATRIOT
User ID: 440969
7/9/2008 2:53 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

I declare, by the power I don't have that I got from nobody, that this thread is pinnable. Is 'pinnable' even a word? Probably not.

Me fail english? That's unpossible!
 Quoting: cyborg-george 464050


Gawd I love GLP humor.

Regarding oil, FUCK the prices are going to skyrocket this week. Wouldn't be surprised to see crude break through the $150 barrier.

.
TX PATRIOT
User ID: 440969
7/9/2008 2:54 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Pin, pin, pin...pin, pin the thread.

.
Anonymous Coward
User ID: 327491
7/9/2008 3:40 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Something has always about to happen with Iran for years now on GLP. This is ALWAYS the beginning of the end here as you fucks thrive on death and destruction.

If someone revived Little Orphan Annie as a play, the bible thumpers preach parables of doom - or the rest would say trouble ahead as a stage-hand was found to have Iranian parents.

Faaakk.. this place gets nothing more than amusing every day.
Anonymous Coward
User ID: 233945
7/9/2008 4:13 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

so friggin fucking what?! the US, Israel and russia and many many more test fire their missiles and tmake military training meneuvers all day long.

but as soon as such countries like n.korea or iran test fire their missiles or make military training maneuvers it's becoming a "big deal" in our msm propaganda.

geez!
TX PATRIOT
User ID: 440969
7/9/2008 4:29 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

...iran test fire their missiles or make military training maneuvers it's becoming a "big deal" in our msm propaganda.

geez!
 Quoting: Anonymous Coward 233945


And the oil speculators

.
383623
User ID: 383623
7/9/2008 6:16 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

I got pinned!!!!!! i'm SOOOOOO impressed!!!! anyways i always play this little game with some news....how long it takes msm to tell the great unwashed...if they report it at all Idol1
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Anonymous Coward
User ID: 345997
7/9/2008 6:28 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

Is 'pinnable' even a word? Probably not.
 Quoting: cyborg-george 464050


pinnable is officially not a word, but pineapple is. If that helps...
383623
User ID: 383623
7/9/2008 6:38 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

oil up $2....$138.10
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
DrPostman SubscriberModerator
Forum Moderator
User ID: 51197
7/9/2008 6:48 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

I got pinned!!!!!! i'm SOOOOOO impressed!!!! anyways i always play this little game with some news....how long it takes msm to tell the great unwashed...if they report it at all
 Quoting: 383623


MSNBC reported it, however, they tried to add to it with a report
from someone on the ground in Tehran but the audio link wasn't
working.
"If you are going to end visits to the state by McCain/ Palin, do it.
Just don't formally announce that you are 'pulling out' of Michigan,
and then come back two days later asking the base core of support
to 'keep working.' What a slap in the face to all the thousands of
people who have been energized by the addition of Sarah Palin to
the ticket. I've been involved in County Party politics and organization
for 40 years, and this is the biggest dumbass stunt I have ever seen...

He has given up on our State? What a total and complete crock of
crap. Again, I think McCain owes the Republicans and the People of
Michigan a HUGE APOLOGY. SOON!"
-- Jack Waldvogel, Chairman of the Emmet County GOP



Can't PM? Feel free to email me at
DrPostman(at)gmail.com

Want to know if a site is down, or if
the problem is at your end? Go to:
[link to downforeveryoneorjustme.com]
383623
User ID: 383623
7/9/2008 6:51 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

meanwhile there is an attack outside the american ambassy in instanbul...the puzzle pieces are coming together
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Anonymous Coward
User ID: 465247
7/9/2008 6:58 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

oil up $2....$138.10
 Quoting: 383623



so? it was 145+ when it goes over that post again until then it really dont matter because its still below the record.
383623
User ID: 383623
7/9/2008 7:09 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

that isn't the point. the price of oil goes up or down depending on events. if this escalates, it will head back up to $145 and upwards...
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Anonymous Coward
User ID: 465256
7/9/2008 7:55 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

that isn't the point. the price of oil goes up or down depending on events. if this escalates, it will head back up to $145 and upwards...
 Quoting: 383623



When israel attacks iran it will be so swift iran wont be able to do much at all....... it will be over in a few days and israel will have done thier needed response..... sure, oil will climb a few days and then retreat when it looks like israel won and iran did nothing more than they are doing now.. talking.......
383623
User ID: 383623
7/9/2008 8:22 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

never underestimate the enemy.....
I'm on the highway to hell
On the Highway to hell
Highway to hell
I'm on the highway to hell.....AC DC
Anonymous Coward
User ID: 465263
7/9/2008 8:28 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

FUCK IRAN AND AHMADINEJAD and his 12th Imam and fuck muhammad. So fire your missles then pussies. Iran is a joke and so is Jihad. Islamic nations are the scum of the Earth. And I dont care about Israel either fuck them too. Let them both wipe each other out and we'll clean up the mess. Fuck the 12th IMAM too he can suck my balls.
Anonymous Coward
User ID: 376874
7/9/2008 8:29 AM
Re: IRAN TEST_FIRES LONG-RANGE MISSLE< DOLLAR DECLINES AGAINST YEN, breakingQuote

the media always likes to manipulate the truth. it's still truth, but from a different angle. sure, Iran could be building a nuclear bomb, but the key word that the media always uses is 'could'.
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