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

JPY

Discuss JPY
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 4, 2010 19:49
everyone talking about a bad US jobs report and the snow. If we do get disappointment, then falling USDJPY is the first thing to drop and any pleasant surprise would boost USDJP. Im allowing for a positive surprise. I get suspicious whenver we get politicians sounding very gloomy before the job report.


Ashraf
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Mar 4, 2010 19:43
Thank you very much Ashraf.
AVG
Posted Anonymously
14 years ago
Mar 4, 2010 13:22
Thks Callum for the headsup....
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 4, 2010 12:34
@AVG - I plan to add EURJPY shorts above 121 level -- but I am going to do that cautiously and patiently. Let's see what happens with ECB rate /comments, and see how the today early US trading session goes or tomorrow SGT afternoon before the NFP data. I do __hope__ it goes into 122/123 level.
AVG
Posted Anonymously
14 years ago
Mar 4, 2010 12:15
Hi Ashraf,

Wht do u think of EUR/JPY, when do u think we can for a short at this pair.....
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 4, 2010 11:37
Taniral, i dont see it below 87.40 in the current downleg. but below 80 sometime in Q3.


Ashraf
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Mar 4, 2010 4:25
Ashraf, please could you provide your view on USDJPY. Can this drop to below 85?
said
mulhouse, France
Posts: 2822
14 years ago
Mar 3, 2010 21:24
@TANIRAL

i foresee gold to be financed ALSO by YEN carry trade operation till GLD reached 1170-80

YEN at 89.25-75
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Mar 3, 2010 19:54
I get the feeling now, that the floodgates have opened to test 87 level quite comfortably. its one way traffic for now.
trailblazer
Posted Anonymously
14 years ago
Mar 3, 2010 8:39
If one is expecting a strong downturn in equities and looking to hold cash for the next 3 to 6months do u think holding JPY rather than USD would be the smart thing to do???
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