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by Ashraf Laidi
Posted: Oct 24, 2008 12:29
Comments: 15
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This thread was started in response to the Article:

Yen's Path of Least Resistance

The collapsing sterling makes the news, but the plunging USDJPY to 13-year lows sends a vocal message to global markets.
 
Posted Anonymously
13 years ago
Nov 4, 2010 1:47
Vasya
Buburatcho, Wallis Futana Is
Posted Anonymously
14 years ago
Jul 17, 2010 0:13
"Golds slumps to 14-month lows at $696 per ounce"

I've been fallowing your absurd predictions, obviously most of the time

you have no idea, what you are talking about..

So you are saying USDJPY going to 80??? Are you the one who was talking

about EURUSD below parity just few weeks ago? Silver going to $8? I know, thanks

for the gift :)..
GTNew
Arizona, United States
Posts: 33
15 years ago
Aug 31, 2009 5:10
Thx, Ashraf, 148 is close enough.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 31, 2009 5:08
wolf, justin, DPJ economic offcials (before todays victory) have already spoken against intervention

Ashraf
Justin Lee
HK, Hong Kong
Posts: 16
15 years ago
Aug 31, 2009 4:44
From my point of view, BoJ will be unlikely to intervene. Since Jun 2004, the central bank hadn't intervene the fx market even USD/JPY hit 87 level in Jan this year. Besides, the new government will mainly focus on household rather than corporate; thus, the JPY apprecation might not trigger the concern as much as LDP.

91.73 seems to be the next target.

I love Ashraf Laidi's idea of JPY appecication in Aug for the past 11 years (except 06 and 08), and USD/JPY usually hit the top at the beginning of each month since Apri.
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Aug 31, 2009 4:29
Hi Ashraf. The questions now is, Will the BOJ intervene to weaken the JPY?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 31, 2009 4:09
GT, im looking for 148

Ashraf
GTNew
Arizona, United States
Posts: 33
15 years ago
Aug 31, 2009 3:49
$GBPJPY - I'm thinking if it can break below 150.50, it could test the lows near 147. Could you please give me your take. Thx.
Clarke
New York, United States
Posted Anonymously
15 years ago
Jan 23, 2009 15:00
Hi Ashraf,

This is a great article. I have a question on similar lines. Do you see the USD strengthening further against the INR (india) in near future? The current excahnge rate is 1USD = 49 INR. Thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 26, 2008 22:40
Kristine, Ill post monthly charts of the majors in the coming days. If anyone has any other requests or preferences please post them here or email me at ashraf@ashraflaidi.com


Ashraf