JPY Trade Index 29-Year Chart

The Bank of Japan are nothing more than currency manipulators. They consistently try and bluff the strengthening on the JPY and force speculators in the opposite side trade. Claiming that they will intervene to protect themselves. The BOJ has no interest in weakening the jpy until it is profitable to do so. They are cowards and have done nothing but lie to the public about the value of their currency like all other central bankers that exist.

Weaken the jpy for the long term? Id like to see them try. There economy is screwed they have no choice but to strengthen it to buy things and spend more debt.

I wont believe it until I actually see it.

- What kind of world do we live in whenj the jpy is actually stronger than the AUD, CAD, and NZD? This is fraud and I hope that the so called free markets values these currencies at their true value at some point.

To: Mr. Ahamd From Fortunate Management company,

Sir, Maybe your firm is worthy, but I think it is not Ethical to choose the blog of Mr. Laidi for advertising purposes. The man invest from his own time to share with us his valuable analysis and commentaries, so I will appreciate if we as a group in this "Mobarak" site keep things professionally.

May God bless your Business

he might talk about a paneuropean deal

Salut Ashraf.

My question is this: given the 'supposed' size of Japanese Mrs. Watanabes still active in forex, and given the hightened risk in here-to-fore safe assets like Euro bonds and U.S. bonds, is it 'unreasonable' to assume the JPY could trade down to 75 or 65 ? I have to think it would take massive fear on the part of the Japanese to repatriate their JPY thus bidding up their currency.

I only bring this up due to the long term trend (1997+), if we draw some channel lines, and 87 and 82 levels are violated, I could see those lows being possible.

Thanks for your terrific info and work.

I'm waiting for Goldman to tell me what else they want me to take off their hands....