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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
90.76 POSSIBLE AS A RESISTANCE?
UR THOUGHTS
RESOURCES IS A LIFE CYCLE PROCEDURE.
I SAID FEW TIME AGO ON THIS FORUM THAT A COUNTRY IS GONNA UNLEASH ITS POTENTIAL NAD THIS COUNTRY IS JAPAN. DESPITE A DEPRECIATED CURRENCY ALL THE WAY IN A DEFLATIONARY ENVIRONMENT IT HAS SUCCEEDED TO KEEP AFLOAT ITS COUNTRY EXCEPTED IN FEW OCCASION;
HOW CAN IT BE POSSIBLE JSUT BECAUSE IT IS NOT SO RELIANT ON FOREIGN COUNTRY WHEN IT COMES TO NATIONAL DEBT;
AND IF SOMEONE BELIEVE THAT HOLDING FOREIGN DEBT IS A MEAN IN THE BALANCE, WELL I GIVE HIM WRONG
TO COME BACK TO NATURAL RESOURCE, U HAVE TO UNDERSTAND THAT IT IS ONLY A COMPONENTS IN A FULL SPECTRUM OF MULTILATERAL NEGOCIATION.
TAKE FOR EXAMPLE JAPANESE MULTINATIONAL IN EASTERN EUROPE AND THEIR PARTICAPATION IN EUROPEAN ENERGY GRID ALONG WITH THE FINANCIAL EXTERNALISATION OF GERMAN MULTINATIONAL AND FOR EXAMPLE THE FRENCH VEOLIA;
LIKE SAID THE GENERAL POWELL THE ONLY WAY TO SURVIVE IS TO THINK GLOBAL.
Finance Minister Kan is the only mortal who can save it by talking down yen to 95.00 on this pair. It appears Ashraft is extremely bearish on this pair too, as he is expecting a stock market break here.
Nikkei set to open nearly 300 points down. Should see volatility in this pair around 7/7:30 NYT.
Don't blink - it could get extremely ugly very quickly.
Which I'd gone long earlier :)
Actually, this morning, I shot myself in the foot, with USD/JPY by hitting the wrong button on my platform, and lost money. Made it all back later....only to lose it all again (in my absence) after Obama's speech!
Think I'd better keep away from this pair for a while, until I can trade it unemotionally....!
A LITTLE MORE COMPLEX THAN BUYING STUFF OR SELLING WHAT U DONT NEED FOR BIGGER PLAN;
GERMAN HAS ALWAYS BEEN AT THE FRONT OF LICENSE TRANSGERT IN JAPAN WHEN IT USED TO BE THE MARK
2000'S SECURITIZATION AND TITRISATION OF ASSET HAS LED THE GERMAN FINMINISTRY TO INTENSIFY THE GERMAN PRESENCE IN JAPAN AND ALL THE WAY TO CHINA SUCH AS THE SHANDONG PROVINCE ;