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

JPY

Discuss JPY
 
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Apr 24, 2011 14:15
From MNI FX Bullets

Apr 22 / 02:13 EDT
JAPAN: Nippon Life Insurance Co., Japan's largest life insurer in terms of assets, plans to increase its fiscal 2011 holdings of long-term Japanese government and corporate bonds after raising the balance of domestic bonds by Y1.16 trillion in the last fiscal year, the firm's chief fund manager said. The life insurer is also taking a flexible stance on buying hedged and unhedged foreign currency denominated bonds in the current fiscal year that began on April 1 because JGB yields remain low, Yosuke Matsunaga, general manager of the finance and investment planning department at Nippon Life, told reporters.



Ashraf
jacek
Australia
Posted Anonymously
13 years ago
Apr 20, 2011 15:48
OK out completely.. gbpjpy stoped out near break even and chfjpy 93 done.. usdjpy looks like is turning back down.. surprising with all this "risk on" stuff going on elsewhere..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 14:10
maybe swing is not for me.. stoped out in gbpjpy for only few pips.. just too much risk for me without trailers.. doing better in chfjpy, i guess this pair trends more steadily..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 4:00
moving nicely on gbpjpy.. chfjpy looking even better after swissie rejection at 90..
jacek
Australia
Posted Anonymously
13 years ago
Apr 20, 2011 2:07
i personally like this 50pip box setup in chfjpy.. my crystal ball says it can go to 93ish from 92ish for 91.50 risk..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 1:57
it looks like audjpy was the one to go for from 87ish on this breakout in yen.. :-(
jacek
Australia
Posted Anonymously
13 years ago
Apr 20, 2011 1:43
ok here is a little attempt on my crystal balling for this gbpjpy swing.. a 4-hour has bounced up off key 133.00 support (38.2% Fibonacci retrace from the 122.20 to the 140.00).. looking for 136+ projection from 135ish and then onto 137+ but hard resistance around 135.50 needs to give first.. initial volatility based stop is 134.50 and trailing at 50 pips..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 0:53
may as well had drawn from the hat and gone for ride with that one.. in gbpjpy for now.. but waiting for chfjpy on signal at 90 for swissie..
jacek
Australia
Posted Anonymously
13 years ago
Apr 20, 2011 0:31
it looks like Mrs. Watanabe is waking up.. might look into yen crosses here.. but which one?..
rim
Turkey
Posts: 121
13 years ago
Apr 19, 2011 21:53
Dear Ashraf ,

Chinese rate hikes or tightenings do not effect the Dollar .Why ? Dollar still continues to drop Gold still continues go higher.Till when will it continue so ?

Thanks