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

JPY

Discuss JPY
 
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Dave J
Canada
Posts: 197
12 years ago
Apr 27, 2012 4:53
BoJ expands asset purchase fund to Y40T from Y35T, keeps rate the same at 0.10%...expecting a side order of intervention involved here...

gl
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Apr 27, 2012 1:41
Saida, If you're talking about Japanese CPI, then it does NOT affect oil.

Oil prices are usually the independent variable and they affect other data and indicators rather than the other way around.


Ashraf
Dave J
Canada
Posts: 197
12 years ago
Apr 27, 2012 0:42
....other than the usual jawboning DaveO, not much it appears.

if a country is in repair and needs to import goods/energy for said repairs one would think a stronger domestic currency would be desired?...even though Japan is traditionally an export economy...

...walkin' the tight rope...

...with a glass of sake...
saida
saint germain, France
Posts: 34
12 years ago
Apr 26, 2012 19:23
hi ashraf
to which extent japan datas can affect crude price and which ones from the given list.

thanks and pleasure to be back.

Said. 1 milion.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Apr 26, 2012 17:57
Do BOJ have any stated level of defence these days or did they quit the old rhetoric as innefective ?
Dave J
Canada
Posts: 197
12 years ago
Apr 26, 2012 17:04
...tech side, 8060 8030 short term, 8010 & 7915 levels of interest...
Dave J
Canada
Posts: 197
12 years ago
Apr 26, 2012 16:53
Hey DaveO, 'reckon they will leave them the same.

stopped out of trade. Still bearish the yen however the break of support in the dxy is concerning...could see a good flush below the 80 handle.

there is rumours of rumours that there could be intervention, BoJ QE potential etc., so staying wary.. also, we're getting close to month end flows

raft of data due out before rate decision, starting at 1930 EST.

on balance, there seems more 'fors' than 'against' for a weaker yen.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Apr 26, 2012 14:47
you betting on them easing rates ? could they go any lower ?
Dave J
Canada
Posts: 197
12 years ago
Apr 26, 2012 4:09
If 8070 fails will be looking to long this pair again going into Fridays BoJ rate decision with stops just below the 80 handle. Expecting fireworks in this pair and the other yen crosses before this week is done.
Dave J
Canada
Posts: 197
12 years ago
Apr 25, 2012 18:00
Long usdjpy from 8140, sl 8070 tp 8500 etc

Looking to add into sl
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