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

JPY

Discuss JPY
 
cat0nip
Germany
Posted Anonymously
13 years ago
Oct 3, 2011 19:24
I am yet not convinced EUR selling is over.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 3, 2011 17:52
Jacek, we did not get that ISm contraction, but EURJPY, EURUSD & USDJPY indeed. fell. Many complain on Twittter that I keep on posting links to Premium that are restricted. But in fact I posted short EURJPY to everyone who follows me on @alaidiPremiumFX.


Now things will get tricky. But still awaiting 75 USDJPY


Ashraf

jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 3, 2011 15:58
nice short pips.. target done.. well done AL!..
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 3, 2011 13:05
Im seeing 70% probability of Manuf ISM surprising on the downside, coming at or below 50 vs. the consensus of 54 from previous 55.5. will be the catalyst for dragging down USDJPY further losses in EURJPY.

You can trade ahead of the figures (with stops) or wait for it and react thereafter,


Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 3, 2011 0:51
my bet is usdjpy north. Need to get above that 77.85
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 3, 2011 0:25
AL's stop still standing but looking shaky.. might short with that stop.. but reverse above for 77.70..
Helmut
Hannover, Germany
Posts: 24
13 years ago
Oct 2, 2011 21:25
I repeat - there could be a breakout of the USD/JPY, maybe this is an carefully starting intervention of BOJ. Anyways I am positioned already for some weeks.
Helmut
Hannover, Germany
Posts: 24
13 years ago
Sep 30, 2011 16:28
Could be that the JPY intervention starts, for two hours the JPY gets weaker. I have not found other reasons.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 30, 2011 11:50
yen still not behaving for AL:-) a lot of pips forgone by widening the stop..
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Sep 29, 2011 6:28

By Toru Fujioka
Sept. 29 (Bloomberg) -- Japans finance ministry will
extend by at least one month its monitoring of currency market
positions, two government officials familiar with the matter
said, signaling policy makers continued concern that
speculative trades will strengthen the yen.
The ministry last month required about 30 major financial
institutions to disclose trading positions in the currency
market through Sept. 30. The officials spoke on condition of
anonymity because the announcement hadnt been made public yet.
Japans currency has gained 6 percent against the dollar so
far this year even after policy makers intervened in the market
in August and March to slow an appreciation that could hurt
exports. The yen has also climbed close to 10-year highs against
the euro, a strengthening that Sony Corp. corporate treasurer
Hiroshi Kurihara said yesterday will have a huge impact on
the earnings of Japans largest exporter of consumer
electronics.
Finance ministers and central bank governors of the Group
of 20 nations said in a statement on Sept. 22 that excess
volatility and disorderly movements in currencies may hurt
economic and financial stability. Japan pushed for inclusion of
those comments in the statement, a Ministry of Finance official
who spoke on condition of anonymity said the next day.


For Related News and Information:
Japans top stories TOP JN <GO>
Most-read economic news MNI ECO <GO>
Global economy watch: GEW <GO>
Snapshot of Japans economy: ESNP JN <GO>

--With assistance from Aki Ito in Tokyo. Editors: Ken McCallum,
Lily Nonomiya

To contact the reporter on this story:
Toru Fujioka in Tokyo at +81-3-3201-2158 or
tfujioka1@bloomberg.net

To contact the editor responsible for this story:
Paul Panckhurst at +852-2977-6603 or