Dollar Stuck In A Rut Against Yen

A few months ago, the U.S. dollar started getting some traction in the exchange rate with the Japanese yen. But since then, the dollar seems to be stuck in a rut.

For the past several months, the dollar has been mired in the 90s range against the yen.

This is today's exchange rate between the dollar and yen:

1.00 USD = 94.5261 JPY
1 USD = 94.5261 JPY 1 JPY = 0.0105791 USD

Keep in mind that I got an exchange rate of 116 yen for every dollar back in April 2007.

The world's money people have lost a lot of faith in the U.S. dollar during the past few months. Some have even gone as far as to suggest replacing the dollar as the base currency.

Obama's $9 trillion 10-year deficits is not helping matters any and we can expect to see inflation come roaring back.

With the dollar/yen exchange rate so bad, would I go to Japan now? No, only if I had do. I'd be losing money if I were to go now.