But Ashraf, let me suggest one common sensical evidence with what's going to go on in Korea. The North won't escalate a full scale warfare, but within these two months, they would go strong with random shell firing events to depress the Southern Korean Economy, which would, essentially be advantageous to North Korea if they want a full scale war in the long run.
With the Won going to depreciate for sure in the coming months, BoJ and Abe would not let the Yen to go up in anyway, hence we witnessed the firm consolidation above 92 as investors know that.
Just my two cents, but this would support USD/JPY long positions even further, and the pitches of salt from Kuroda or Abe would just intensify the effects which Korea is going to bring in these few weeks.
How do you suppose yourself to trade rationally in the foreign exchange market if you don't even do enough research and present totally absurd assumption.
Do you realise the US is not willing to give something clear like Cuba to North Korea. North Korea is dis-signing the armistice because the UN pulled another load of sanctions on them.
As you all might know, North Korea are intensifying their tension with the South.
On Monday, North Korea is officially not going to resign the armistice agreement with the South. This means that on paper, North Korea is in war with South Korea gain. Hence, this puts Japan at risk of another warfare with the Koreans. This will increase the risk appetite for people to buy USD, and only USD as this puts Japan in a risk for another warfare.
I think this fundamental political analysis, would put USD/JPY higher and higher for the next week.
lol it's not about whether a war would start, it's about the possibility. Right after the announcement last night, AUD fell around 100 pips. Did I say that it'd start? No, I'm saying there's a possibility of it, and traders eye on possibilities, everything is traded before when everything happens, calm down and you're the one who's naive.
Xi's daughter went to Harvard in 2010, not when he was named the chinese leader. You cannot say speculation of Xi being the leader as a credible source of information for the communist party, everything has to be announced before it's formal.
You seem to be the one who's too young and too naive. Japanese and China's relationship, simply escalating to a place which it getting out of control, and if China does not plan to escalate the situation they would not aim warships at the Japanese military naval around the island.
Don't be blinded by your textbook and instinct, WW2 started in a boom, so who knows.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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@XM_COM (10 months ago)
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The vast majority of people have no clue about the political situation of their own country.
And am I saying that North Korea is the sole problem? I'm saying that the Korean situation can intensify the depreciation of the Yen
What is your problem? Can you just read my side of the argument before slamming upon me with absurdist claims and assumptions?
But Ashraf, let me suggest one common sensical evidence with what's going to go on in Korea. The North won't escalate a full scale warfare, but within these two months, they would go strong with random shell firing events to depress the Southern Korean Economy, which would, essentially be advantageous to North Korea if they want a full scale war in the long run.
With the Won going to depreciate for sure in the coming months, BoJ and Abe would not let the Yen to go up in anyway, hence we witnessed the firm consolidation above 92 as investors know that.
Just my two cents, but this would support USD/JPY long positions even further, and the pitches of salt from Kuroda or Abe would just intensify the effects which Korea is going to bring in these few weeks.
Possibly none.
So read the article and accept defeat.
And to counter your inaccurate claim of China doesn't back North Korea:
Here you go:http://www.nytimes.com/2013/03/10/world/asia/china-says-it-will-not-abandon-north-korea.html?pagewanted=all&_r=0
How do you suppose yourself to trade rationally in the foreign exchange market if you don't even do enough research and present totally absurd assumption.
It's not something unheard of.
This doesn't mean that North Korea is not going to aggress the South as they did cut a hotline already.
Kim Jong Un said "We will nuke Seoul".
Read the news.
As you all might know, North Korea are intensifying their tension with the South.
On Monday, North Korea is officially not going to resign the armistice agreement with the South. This means that on paper, North Korea is in war with South Korea gain. Hence, this puts Japan at risk of another warfare with the Koreans. This will increase the risk appetite for people to buy USD, and only USD as this puts Japan in a risk for another warfare.
I think this fundamental political analysis, would put USD/JPY higher and higher for the next week.
Ashraf, and others, what are your forecasts?
Xi's daughter went to Harvard in 2010, not when he was named the chinese leader. You cannot say speculation of Xi being the leader as a credible source of information for the communist party, everything has to be announced before it's formal.
You seem to be the one who's too young and too naive. Japanese and China's relationship, simply escalating to a place which it getting out of control, and if China does not plan to escalate the situation they would not aim warships at the Japanese military naval around the island.
Don't be blinded by your textbook and instinct, WW2 started in a boom, so who knows.
So? It was the coldwar you are talking about, not some territorial dispute over an island where you can possibly find crude.