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

JPY

Discuss JPY
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 11, 2010 16:38
Im now seeing a 70% chance (not 40% chance) of A Chinese rate hike tomorrow/. Not talking about a hike in reserve requirements but a hike in the Lending rate. That should be gold negative and helpful for USD. Only positive for JPY if losses in the market broaden. Could the catalyst be reinforced by negative US retail sales?

Ashraf
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 11, 2010 15:48
ptaczek, maybe the guys out there are tired of risk aversion and just want to get some yield at bargain prices. I mean the long term players might look 1-2 years ahead and the current levels look rather cheap.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Mar 11, 2010 15:45
What kind of news would have to come out to send the yen crosses down? They are sticking head higher and higher no matter what..
Chinese inflation is up, Portugese GDP down, there is no plan for Greece and other PIGS, metals keep low profile, Oil is still playing $82, US Jobless claims a little worse, US Trade balance a little better but still negative and yet the risk appetite remains on the table... Im afraid I don't understand.
hrtrader
Fortaleza, Brazil
Posts: 8
14 years ago
Mar 11, 2010 12:23
Ashraf,
There is a lot of news out today about China inflation, potential tightening, etc. I am curious as to the potential impact on JPY.

many thanks
Frank
Vancouver, Canada
Posts: 32
14 years ago
Mar 11, 2010 3:44
Ashraf

What about yen repatriation for the end of the Japanese tax year march 31 .. Will the yen be raising vs USD ?

Thanks
said
mulhouse, France
Posts: 2822
14 years ago
Mar 10, 2010 16:50
@gunjack
i apprciate u appreciated my humor
most people dont find it funny
as for oil i already said i cant give a projection cause i dont ahve the chart only a three months
for me that does not show me the dynamics
i called on 76.50 when it was at eihty fifty and i was wrong. i wont advise on a short term basis.
Gunjack
London, UK
Posts: 1184
14 years ago
Mar 10, 2010 16:39
@Said your 2 para was random and funny....btw what's your take on Oil...It's just touched 83 and is now around 82.6
said
France
Posted Anonymously
14 years ago
Mar 10, 2010 16:31
eh arekaycashmere

what ur take on natgas? who will be the benefactor between the gas field producer anil or the electricity producer the brother?

that is a tricky one. give me an answer like in the old time even if that will take weekks and if ur emissary dont satisfy my knowledge... I CHOP HIS HEAD and i cook it rajasthani style.
Juke
California, United States
Posts: 21
14 years ago
Mar 10, 2010 16:19
Quite a number of US based hedge funds calling for USDJPY going up. That is their views. In light of many JPY companies look for selling USD for Annual Closing (Mar), there would be some resists at high 90s. I am apparently on the wrong side. Patience.
Peggy
California, United States
Posted Anonymously
14 years ago
Mar 9, 2010 20:37
Mr Laidi,
Are you still thinking NZDJPY is heading to 61.80? It bounced over 70 pips from the low earlier today, so do you think this is a good level here around 63 to go short ? Or is thing going higher from here and your bearish outlook is over? Please advise.
Thanks,
Peggy.