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Posts by "nora"
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Posts by Anonymous "nora":
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
your reply is interesting... could you enlighten on a couple of more issues.
1. Why is the Euro-Yen cross looked so closely as proxy for risk taking or risk aversion. What's the instrinsic flow and movement we should interpret and understand.
2. The timing on the sharp selling which you foresee, is that on technicals based on the maturity of moves and countermoves. If sharp selling ensues again, would it also logically mean reversals for Kiwi, Aussie and CAD; and deflation back on the table, with the commodities correcting after a huge move up.
cheers,
Nora
Experts Opine, that JPY has to be at 115-125 for Japanese economy to come out of slumber and start functioning again. With JPY going the other way against majors last week, do we think we are back in risk aversion mode and Japan will be back in hibernation.
Love ur book.
thanks,
Nora