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

JPY

Discuss JPY
 
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ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 1, 2010 8:39
JPY selloff continues despite of positive Tankan and negative ADP yesterday. Major Asian indexes up in Asia session. Any ideas anyone? Are we going to witness even more Yen devaluation?
Pipster
UK
Posted Anonymously
14 years ago
Mar 31, 2010 16:15
Dodger - I think you were right - I'm getting burnt by the Gbp/Jpy and Aud/Jpy - What I made today, has been taken back - :(
Dodger
London, UK
Posts: 139
14 years ago
Mar 31, 2010 14:07
Careful,lots of japanese institutions looking for lower levels to buy as they change fiscal year positioning.
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 31, 2010 13:59
I think so. I mean there is soo much good stuff priced in a small disappointment on a thin market on NFP Friday (bank holiday beside the US!) might get interesting.
Pipster
UK
Posted Anonymously
14 years ago
Mar 31, 2010 13:51
Xaron

Thanks - Lets hope the Yen strengthens and I think the term is called Risk aversion
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 31, 2010 13:33
Because of disappointing ADP numbers.
Pipster
UK
Posted Anonymously
14 years ago
Mar 31, 2010 13:29
Guys/Ashraf

How come the some of the yen crosses have dropped off. I.e Cad/Jpy, aud/Jpy & Gbp/Jpy. From what I'm seeing and hearing there is great yen weakness and this should weaken as the week goes on
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Mar 31, 2010 4:34
i'm with you Mr Laidi
magess
Selangor, Malaysia
Posted Anonymously
14 years ago
Mar 31, 2010 1:52
I am expecting USDYEN is going to 98.00.
magess
Selangor, Malaysia
Posted Anonymously
14 years ago
Mar 31, 2010 1:28
Dear Ashraf,

Your forecast is very acurate.
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