The question is, would the Japanese yen consent to so adorn itself?
Geldof, daughter of Irish singer Sir Bob Geldof, tweeted: “I probably would wear one on the beach, but would be scared of birds pecking at it. Hmm…fashion.”
How many FX traders could not imagine the yen tweeting a very similar assertion, were it given the gift of speech?
Indeed, it seems highly plausible that the yen, recently known for its strength in currency market trading, would post something like, “OMG if Gaga did it, and Peaches would do it – who am I to refuse! LOL!”
Of course, in line with the Japanese partiality for raw fish, it is more likely that the yen would shock all those engaged in online FX trading by draping some strategically placed yellowtail and spicy tuna over itself.
The yen has recently been making headlines in realtime forex news for going from strength to strength against the U.S. dollar: USD/JPY on Wednesday hit a fresh 15-year low, according it intraday analysis. It follows that the currency may in fact chose to adorn itself with another rotting carcass – that of the greenback.
In her tweet, Peaches Geldof noted that if she were to wear a meatkini in the sun, “it would cook on my skin. Meatkini + sun = steak, medium rare. Just pick off and enjoy.”
Here, alas, the comparison must end – since who could imagine the yen actually devouring its U.S. counterpart? To wear it as an item of clothing, yes; but to actually consume it? Urgh!