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

JPY

Discuss JPY
 
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 13, 2010 9:27
might get it to 100 by end of Q2
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 13, 2010 9:04
120???
easy to say, hard to achieve...
its probably just a try to weaken jpy for a while...
Dodger
London, UK
Posts: 139
14 years ago
Apr 13, 2010 9:04
Thats from Thompson Reuters just to confirm,if you did"nt notice the spike it caused.
Dodger
London, UK
Posts: 139
14 years ago
Apr 13, 2010 9:01
Watch out,new japanese ruling party just put out a draft targeting 120 as a desirable exchange rate,they really want to push the yen value down to defend industrial recovery via easing and jawboning.
Callum
Singapore
Posted Anonymously
14 years ago
Apr 13, 2010 7:13
@taniral - I'd first wait for USDJPY break below 92. I see ~92.40 (23% fib level between decades low and this years high) and possibly 30-March (sub 92) low as potential support. Momentum indicators point further down. US Equity futures down but we've seen this in past weeks, ie, starts off negative but goes higher through the US trading session.
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Apr 13, 2010 6:02
Dear Ashraf / all

now that 92.70 is broken, do you expect this to go all the way to 91.68 level .

many thanks,
Dodger
London, UK
Posts: 139
14 years ago
Apr 12, 2010 7:43
Hi Callum, SHA over the last few years has tended to trend before other equity markets probably because of a lagging effect on commodities,from the asian side we know things are starting to become overheated and governments are starting to tighten.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Apr 12, 2010 7:10
@Dodger - Very interesting that SHA is in RED while other equity markets are still in green eg, HK and ASX, and so far, no immediate reaction on USD/JPY.... I guess market can is too busy processing Greek story for now ....
Dodger
London, UK
Posts: 139
14 years ago
Apr 12, 2010 5:31
Shanghai very negative this morning,brakes are starting to go on in china property market and data to be released during the week,just making a bit of headwind at the moment after euro news but could slow risk up a bit later.
said
mulhouse, France
Posts: 2822
14 years ago
Apr 12, 2010 5:26
INDEED, TILL 86.70ISH