VIX, Oil, BRICS & Sterling's Sell-Appeal

Quote:Spec
"rpats yen has probably been strengthening due to risk aversion from chinese stocks since last month."
Perhaps we could add a few more reasons ,eg Bank of Japans positive tone in comments relating to Japanese economy earlier this month,significant export and production increases being reported,and speculation that oil is topping out and due for a fall.Add to that a few technical ,cyclical and sentiment reasons and we have a partial explanation.

rpats yen has probably been strengthening due to risk aversion from chinese stocks since last month. since yen is an asian flight to safety rather than the dollar for the rest of the world.

now if china is retracing and then other markets start in us and europe, the the dollar will very much appreciate as risky trades in the stocks and commodities will unwind back to us dollar safety.

obviously this assume stock market pullbacks this autumn and using china as one of my early warning indicators

Spec,
too funny... NOT
I can't attach screenshots of my chart here, but if you open a weekly or monthly chart of cable for last 5 years, you'll see that the trend which opens in Q1 every year more or less continues through out the whole year.

so if Q1 is in uptrend, year closes higher and vice versa...

reg USDJPY, it has to fall in equilibrium at some point between 105-125. i dont follow it that closely hence the wide range but i think JPY's being artificially maintained and the harder they try, the faster it'll fall....!!!

Rav

rpats im in to cable myself.

why do you think the yen is ralling so hard against the dollar?