EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Bitcoin versus Miners Performance
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I think if BOJ downgrades its april economics assessment that will put pressure on the Nikkei.
Key Quotes
"There were two interesting headlines today on the Japanese government and its policy stance: 1) the likely downgrading of the government’s economic assessment, and 2) the timing of the changes in the GPIF target portfolio."
"Nikkei reports that the Japanese government intends to downgrade its April economic assessment, scheduled to be announced on 17 April, as household consumption has been slowing after the sales tax hike."
"The likely downgrade could be a message from the government to the BOJ, that it sees more downside risks to the economy."
"As the downgrade will be minor, according to the report, it is too early to expect imminent economic stimulus from the BOJ and MOF, but expectations for BOJ easing could increase again after the downgrade, which is set for 17 April."
"Finance Minister Aso Wednesday said foreign investors may react to the GPIF move from June onwards, thus indicating the timing of the next changes in the GPIF target portfolio. We had judged that mid-year, as early as June, was the most likely timing of the announcement of the next target portfolio change, and Finance Minister Aso's comment today increases our confidence level. The update of the growth strategy, which is likely to include some form of corporate tax cut idea, and GPIF reform both expected in June, could support USDJPY and Nikkei toward H2 this year. "
What is up today ?
Timeframe on Eurjpy usdjpy chfjpy gbpjpy nzdjpy crosses: 1yr weekly chart (impressives divergences +boj wait and see mode (until 2015) same for bOE and FED...)
+ USDJPY short term (few days) neutral but I think is to short for the end of this week. (technical H&S)+ correlation S&P USDJPY 10yr are showing a beginning of a big correction which is unavoidable.
I don't see any major movements on the upside and I think that it's better to short each rebounds.
To night we have chinese GDP figure which will show a decrease. + Chinese PM told last week that 7% is enough for them.
This chinese GDP will be the best catalyst for Yen crosses.
Br,
BOE - will have to begin talking about raising rates, even if they don't actually move
FED - won't raise rates until 2016 unless we see a much better upturn in data, but will be tapered off, while Japan destroys the Yen
Unless there's a major stock correction of 15% or a major event, I don't see those levels coming up. Sentiment is neutral and perhaps leaning towards bullish.
We shall see
Interesting targets. Care to give a timeframe?
In the long term, yen crosses and yields are seen going down not up. But i still have a few longs in USDJPY for my personal account.
Higher confidence trades remain Aussie crosses and GBPUSD
Ashraf
BOE (WAIT AND SEE POLICY) + INFLATION DOWNSIDE (SEE TOMORROW)
FED (WAIT AND SEE POLICY)+ BUT TAPERING
S&P IS STARTING A BIG CORRECTION 1750,00(BIG LEVEL)+ HAVE TECHNICAL BIG DIVERGENCE
YEN CROSSES HAVE TECHNICAL BIGS DIVERGENCES
US 10YR DOWNSIDE TREND TARGET 1.57
IT'S TIME TO SHORT EURJPY GBPJPY USDJPY FOR A BIG CORRECTION LIKE S&P.
ABOUT MY MONEY INDEED I HAVE BIG CLIENTS WHO FOLLOW ME
I see 180.00 in GBP/JPY, not 160.00 - barring any major geopolitical event.
Best of luck if your money is where your mouth is - mine is not - I just like to jump in and buy the dips for 30-50 pips a couple times a week.
USDJPY TARGET 93.00
GBPJPY TARGET 160.50
LONG TERM SHORT
(SHORT EACH REBOUNDS)