I understand, but wouldn't that affect all crosses across the board... not just the NZDJPY? I understand if there's no real answer to my question. I'm just wondering if you have anymore insight on the issue. Thanks again.

Daily GBP/JPY analysis

I wasn't trying to make it sound simple. Sorry if I did. It may be a stupid question, but what is stopping people from jumping on the NZDJPY carry trade? Again, thanks for taking the time to answer my questions. You've been saving me hours of ...

Daily GBP/JPY analysis

So this carry trade phenomenon should last as long as there is a such a big interest rate differential? Even if there is a meltdown, it should just be an excuse to get back into another carry trade at a cheaper price. So does most money flow from ...

Daily GBP/JPY analysis

So most carry trades involve bonds? Let's say I borrow 1000 yen and change it to Euro's and buy a bond. With the EUR/JPY rate increasing, the value of the original investment is increasing, isn't it? When I pay back back the loan from the Japanese ...

Daily GBP/JPY analysis

Carry trades — A lot has been said about the yen carry trades lately, but I'm wondering a few things about them. I understand that a carry trade is money borrowed in one currency to purchase another currency or something in another currency. I ...

Daily GBP/JPY analysis

Anyone think it'll drop below 9825? It seems to be having problems at this level. A bounce up maybe?

Cable Update (GBPUSD)

At the time of your question no major market centers are open. New York (6:30pm), London(11:30pm), and Tokyo(7:30am) are all outside normal trading/workday hours (ie about 8:00-5:00). Much of the volume in the currency markets is contributed by ...

Cable Update (GBPUSD)

Break 1.9880?? — Anyone think 1.9880 will break? It touched 1.9881 about 12 hours ago and just retested again at 1.9884 before bouncing back to 1.9904. Does anyone think support is too strong or will cable sink lower?

Cable Update (GBPUSD)

It seems to me that the 1.9820-40 area would be a nice place for cable to be when the news comes out on Thursday, but maybe I'm getting ahead of myself.

Cable Update (GBPUSD)

First post here, so please forgive any inconsistencies... Cable seems to have broken out of the 4h uptrend channel during the beginning of the month. Its been in a pretty tight downtrend channel since April 18th. The last few days have brought a few ...

Cable Update (GBPUSD)