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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
Callum
Singapore, Singapore
Posts: 179
15 years ago
Mar 29, 2010 11:30
@Pipster - For JPY to fall, we are going to need 1) risk-aversion, any fresh debt crisis or 2) Chinese lending rate hikes or RMB appreciation. 3) anything else that triggers US equity market to fall. I won't be surprised if this long-weekend ahead would thin liquidity coupled with expectation of NFP +ve 190K extending crazy gains in the US equity markets, as it has done in the week of the last 2 long-weekends, ie, Thanks-Giving and Christmas.
Pipster
UK
Posted Anonymously
15 years ago
Mar 29, 2010 8:09
Ashraf,

There seems to be weakness across the yen crosses. They have all been boasted. Is this temporary and what will make them come down
Chelsea
United States
Posted Anonymously
15 years ago
Mar 27, 2010 9:10
taniral
Auckland, New Zealand
Posts: 33
15 years ago
Mar 27, 2010 2:54
Mr Laidi,

I watched your interview on BNN and your views re USDJPY which was very informative.

Please would you give me your forecast for this pair between the end of march to april. Do you see the pair going past 93.75. Thank you very much.
Juke
California, United States
Posts: 21
15 years ago
Mar 26, 2010 0:31
I heard of a news coming out of a Chinese news sources saying Chinese Central Bank considers raising rate in response to the recent accusation from US Congress about China being FX manipulator. US Congress issues a 1H FX report on April 15 and by that time China will act on its rate as a way of conpromising among other reasons. Given the timing of China rate hikes, it would be April 12. FX appears to start reacting to this already. With Friday effect, I think this would work infavor of JPY and USD.
mandiwie
kartitsch, Austria
Posts: 69
15 years ago
Mar 25, 2010 20:38
Pimcos Bill Gross Says Bonds Have Seen Best Days
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJx0FiNBapiU&pos=3

Paramo (ECB member) Warns Against Keeping Money Easy Too Long


yen weakness may easen ?
Letisha
St. Catherine, Jamaica
Posts: 156
15 years ago
Mar 25, 2010 14:07
Can I say dbl top for CADJPY on the daily...important resistance on weekly as well.....
Vij
Toronto, Canada
Posts: 1
15 years ago
Mar 25, 2010 10:47
Hi Ashraf

Its a great pleasure for us to have you with us in Toronto. Before you leave please take some time out
to have lunch or dinner with me.

Regards

One of your admirer


Suresh Vij
sureshcvij@hotmail.com
4167316256
Pipster
birmingham, UK
Posted Anonymously
15 years ago
Mar 25, 2010 10:30
Ashraf,

When will the negativity die out for the yen crosses. I would be grateful if you could go over Gbp/Jpy. I am in a short and it seems to be going up, how long would this last and do you see it being capped
bojan
Arizona , United States
Posted Anonymously
15 years ago
Mar 25, 2010 9:41
Ashraf

I have to admit that on the end I did not catch USD/JPY on its "leap" higher. On few occasions I entered the trade and exited on bounce of the channel, or I was stopped out for moving my stops. Honestly I lost faith in the trade, and later could not convince myself to take it again, so I was just a observer for the last couple of days. It was obvious that pair is about to make huge move in some direction, and I hope that You will have time to explain how did you "saw" the move higher, even when the pair was bouncing in range for couple of weeks. Watching the TV many of the analysts would simply said they don't know about that pair, or switch the conversation to some "better opportunities" to trade. You mentioned JPY weakness in some IMTs and twitter but that pair was still in caged in 89.50 -91.00, so for me it was impossible to stay in a trade and keep the bull in me. I am not sure is it long or short explanation, but I would like to know what are the signs that kept you bullish on this pair for three weeks?


Thank You

b.


see You in Toronto...... finally...... I hope you will have time to sign my (your) book