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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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This thread was started in response to the Article:

Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
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PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 4:39
Hey Said-what is your opinion on direction and targets of usd/jpy?
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 4:27
usd/jpy looking even more sickly here.

And just a few hours ago it was at 91.70 ( a loss of 190 big pips).

There sure is a lot of "fear" out there...

Perhaps Pablo is correct and the "fear" should be bought?
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 4:14
Pablo-that's 180 pips southbound. Not enough for you to jump onboard the short train here?

Can't see this thing getting any life now or in the coming days.
Pablo
Bolivia
Posted Anonymously
14 years ago
Jan 22, 2010 4:11
No not long....but would consider this closer to 88.00 with tight stop loss.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 4:08
you sound long pablo. Sorry to hear.
Pablo
Bolivia
Posted Anonymously
14 years ago
Jan 22, 2010 4:06
SO SHORT IT THEN PIPPEDOAF.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 3:57
Why do they even bother keeping usd/jpy at 89.90? London will hammer it into submission.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 3:09
So far Tokyo has ripped usd/jpy for 60 pips and keeps pressure on pair below 80.00.

Wonder what the London guels have in store...89? 88.5?
PippdOff
Canada
Posted Anonymously
14 years ago
Jan 22, 2010 1:58
That A.P.B. has just been reissued for usd/jpy. Poor fellow getting unmercifully hammered withpout a respite. 89.85 and sinking.

Glad I took that picture at of this pair above 90.00 Could be a long, long time until it resurfaces again.

People in the world selling all majors except jpy for usd. And in complete fear, usd being sold for jpy.
rkkashmir
Posted Anonymously
14 years ago
Jan 22, 2010 0:49
I say this because stocks sold off sharply two days in a row, and today's negative U.S. market already factored into Asian and European markets futures. When those markets hold ad don't dell off any further, currency pairs have lost 200/300 pips in three days will consolidate and retrace (a bit)
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