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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 1, 2010 1:02
AVG, why do you want to buy at high level. better at 89.90-920 for 90.60.##Ashraf
AVG
Singapore
Posted Anonymously
15 years ago
Jan 29, 2010 14:17
Hi Ashraf,

How are u sir.... After the strong USD gdp, I am thinking of going Long USD/JPY at 90.80 and close it at 91.40.... Wht is ur opinion Ashraf.....

Thks :)....
said
mulhouse, France
Posts: 2822
15 years ago
Jan 29, 2010 13:50
at this actual level plus minus 5 10 pips u can go long gbpcad
chloethebull
Posted Anonymously
15 years ago
Jan 29, 2010 12:43
@said...if cad comes in with strong gdp# will that be a sign to short the gbpcad ?thanks
said
mulhouse, France
Posts: 2822
15 years ago
Jan 29, 2010 11:43
no problem chloe
chloethebull
Posted Anonymously
15 years ago
Jan 29, 2010 9:57
hey said ,i missed out on the gbpcad but managed to hit the gbpusd @ its high..i just put a short in on ur gbpcad @ 1.7210...thanks an gl
Celtic girl
Andorra, Andorra
Posts: 20
15 years ago
Jan 29, 2010 8:49
With regard to above; sorry l left out the aussie
Celtic girl
Andorra
Posted Anonymously
15 years ago
Jan 29, 2010 8:47
According to reuters on 26th January TFX margin traders in yen increased their combined net long position in dollar,euro,chf,cad &NZD v yen to a l7 month high to 308,758 contracts with about half
the positions in aud. The biggest one day shift in positions on data going back to July 2006
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 29, 2010 1:09
kashmir, looks like that yen party in Asia is taking place today not last night. Considering the fact that Nikkei rallied on Thurs and US stocks got damaged, the negative nikkei reaction allows no choice but to feed into USD and JPY as risk appetite is dumped.

Ashraf
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 28, 2010 0:41
welcome back Good Buddy usd/jpy. Hope you stay awhile above 90.00 and continue matriculating north!
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