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- brinks replied Oct 17, 2012
Yes i dont think they will do any of it i just put it up for information. Strange price action going on at the moment. this probably explains the price action BOJ starts considering additional monetary easing, DJ Written by Adam Button October 17, ...
USD/JPY Discussion
- brinks replied Oct 17, 2012
Noda hasnt called the election yet but has promised one soon in order to get a bill passed in there parliment i think. Even with the good housing starts dollar yen still under pressure.
USD/JPY Discussion
- brinks replied Oct 17, 2012
Momentous shift in Japanese currency policy may be coming Written by Adam Button October 17, 2012 at 12:40 GMT Soc Gen and others mull over the options for Japanese policymakers in the FT. They conclude that new measures to combat yen strength are ...
USD/JPY Discussion
- brinks replied Oct 17, 2012
I agree i hate this pair and havent traded it for ages. If it breaks through 78.58 then its heading down
USD/JPY Discussion
- brinks replied Oct 17, 2012
Its struggling today. consolidation before having another run at 79.00 ? Looks like it is going to take a big push to get through 79.00-79.21. It doesnt help with comments like this Japan EconMin Maehara: Economic stimulus won’t rely on fiscal ...
USD/JPY Discussion
- brinks replied Oct 15, 2012
Right yes i'm with you. I'm still not sure the BOJ will intervene at this level. Failure at 78.86 again is not good.
USD/JPY Discussion
- brinks replied Oct 15, 2012
Hey zac i didnt really get what you meant here i took it that because of the devaluation that has gone on the BOJ are likely to see the yen at these levels as bad as this time last year mid 75s
USD/JPY Discussion
- brinks replied Oct 15, 2012
Must of been some big sell orders at 78.86. Is it going to break or reject that is the question.
USD/JPY Discussion
- brinks replied Oct 15, 2012
I dont think they will intervene at these levels for fiscal year end. Last year it was mid 75s so they were under a lot of pressure to pump the rate up for the exporters. thats assuming it is still at these levels or higher at month end.
USD/JPY Discussion
- brinks replied Oct 15, 2012
It needs to break the 100 da ma,78.86 and 79.21 to get bullish in my opinion. Its going to be tough going.
USD/JPY Discussion
- brinks replied Oct 11, 2012
Hahaha yes that's right but I managed to make a bit out that swissie in the end! I caught the last intervention this time last year I would prefer a nice long term trend reversal than a quick spike up.
USD/JPY Discussion
- brinks replied Oct 11, 2012
Thanks haqu good trade on GJ I closed most of my positions will reload at better levels.
USD/JPY Discussion
- brinks replied Oct 11, 2012
Is this going to be consolidation before a further move up or is it just going to be sold off? Anyone got any ideas?
USD/JPY Discussion
- brinks replied Oct 11, 2012
A few things helping at the moment but it still needs to break the trendline its coming up against again
USD/JPY Discussion
- brinks replied Oct 11, 2012
Yes thats more like it i just read that myself. He is stating the obvious though isnt he i thought the only time they had intervened with usa consent was just after the tsunami
USD/JPY Discussion
- brinks replied Oct 11, 2012
Softbank: Sprint acquisition reports based on speculation Written by Gerry Davies October 11, 2012 at 11:46 GMT Not something company announced. If the little upmove was based on this then it isnt going to last
USD/JPY Discussion
- brinks replied Oct 11, 2012
Japan FinMin: Told IMF’s Lagarde that current yen rise not reflecting Japan’s economic fundamentals Written by Gerry Davies October 11, 2012 at 06:18 GMT I wonder if she yawned? Expressed concern to Lagarde about yen rise causing downside risk to ...
USD/JPY Discussion
- brinks replied Oct 10, 2012
I'm not saying it will get that low just a lot of people didn't think it would break 80 and it has a habit of going lower everytime.
USD/JPY Discussion
- brinks replied Oct 10, 2012
Can you continue to hold if it breaks down to 70-60 area?
USD/JPY Discussion
- brinks replied Oct 10, 2012
I know that volatility in the fx market is low recently but what has happend to this pair? I havent traded it since the beginning of the year 19 pips today 28 pips yesterday and a daily average range of 41 pips.
USD/JPY Discussion