DOW Futures are -91 as of now. DOW tanking along with USD vs YEN

USD/JPY Discussion

From here it could get quite ugly. Under 97.65~62 & the dollar could tank harc with YEN strengthening to around 96

USD/JPY Discussion

It should have went to around $98.20 and stayed there but someone saw that everyone was short the dollar and milked it up to squeeze out all them shorts. Dirty manipulation today. Without QE it would have tanked and stayed there but with QE they ...

USD/JPY Discussion

Numbers are out and they are bad. There goes the dollar. YEN strengthen and Dollar weakens

USD/JPY Discussion

Something to keep in mind though is that this rally since April/May is considered quite short when you consider how long the market rally of the DOW from under 8000 to over 15000 over the last 5 years lasted. As long as they continue to print money ...

USD/JPY Discussion

I was reading online that if the QE continues it would be seen as bearish for the dollar. Tough call today. Japan favors a weaker YEN and US favors a stronger dollar.

USD/JPY Discussion

I never saw it at that price. I only saw in the low .50's I got up around 4:00-4:30 am Taiwan time and took a quick peak online to see where prices were at went back to bed

USD/JPY Discussion

Short term ??, medium term up, long term down for the Japanese Yen. let us see if on Monday morning BOJ steps in to weaken YEN. If I were to guess it would be a yes. Why? Because electronics show in Berlin starts in September and the Japanese would ...

USD/JPY Discussion

Back at around 98.73 as of now. One hell of a drop this morning. I had sold my sell position I bought at over 99 way to early and missed out on the huge downside we had. Bought at the right time but sold at the wrong time. By Monday we may see 98.30 ...

USD/JPY Discussion

Very very bullish looking. Usually the only time things look this bullish is when a Central Bank supported by the government intervenes.

USD/JPY Discussion

I was forced to close all my sell positions today. These pushes today were just too big. Those that held long positions on shorting the YEN did well today though.

USD/JPY Discussion

This is exactly what my friend told me. It really depends on how you draw those lines. Look at it on daily or weekly basis and you will see it is in bull mode. Even over a 30 day run you will see it in bull mode. If it gets one more push up tomorrow ...

USD/JPY Discussion

Can not speak too much for US unemployment numbers but I do know that exports out of Asia to the US are pretty bad now and local manufacturers are not reducing orders and quantities from orders give by US companies to Asian manufacturers. US ...

USD/JPY Discussion

Will require some very bad news to come out today of which does not seem likely and for BOJ to not intervene like it did today. I reckon it intervened today to make manufacturers and locals happy because it was increasing local taxes from 5 to 8%. ...

USD/JPY Discussion

With futures up,job numbers looking good and BOJ wanting to keep the YEN at 100 for manufacturers and exporters to not lose money the gains will most likely hold. In order for Japanese manufacturers to pull out of recession and make profits YEN will ...

USD/JPY Discussion

Went short at about $98.48 was great in the morning but turned very bloody in the afternoon for me. Usually we see a retrace but no retrace today so far. Looks like bank intervention to push YEN towards the $100 mark. My mistake cost me dearly today

USD/JPY Discussion

Going up or down? I took quite a beating today.

USD/JPY Discussion

This definitely was no false breakout.

USD/JPY Discussion

Very good call. Definitely did take off and shoot past that 98 mark. Best to be long Dollar vs Yen these days. I just got back from Japan and their economy is up the creek. That YEN will collapse sooner or later.

USD/JPY Discussion

Hello everyone. I am new here and wanted to say hello to everyone. I trade the USD and JPY often as well. What happened this afternoon was a spike in US futures of US30. When they spike from 14,956 to 14,975 the Japanese YEN also dropped against the ...

USD/JPY Discussion