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Posts by "frankbrit"
80 Posts Total by "frankbrit":
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Posts by Anonymous "frankbrit":
The longer game suits me much better at the moment and has been working very well since mid-2008. If I can find an FX provider with very low leverage levels available 10-50/1 rather than 100/1 then I might be interested to enter the shorter term fray again. For the time being dailies, weeklies and 1/1 cash is where I'm at.
I'm not so negative overall on the USD even though I've been backing the Yen for some time. I think we may be in for one more sustained strengthening bout from JPY with USD playing second fiddle but still pretty strong. When the Yen has exhausted itself maybe USD will take over depending on global recovery news. Ashraf mentioned this alternating USD and JPY strength in an article a while back.