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  • Stay Tactically Bearish On Dollar And Yen In Q1 2013 - Morgan Stanley

    From efxnews.com

    Read Full Story at efxnews.com

    Investors should stay tactically bearish on the USD and the JPY throughout the first quarter of 2013 as both currencies are poised to decline on the policies of their central banks, says Morgan Sanely. For the Federal Reserve, MS notices that as it has already revolutionized central banking again by introducing numerical targets to its policy approach, adopting a so called “Evan’s Rule”, the power at the US central bank has shifted clearly in the direction of the doves. As such, easy policy, low rates, and large scale asset purchases are likely to stay for the foreseeable future providing an ... (full story)

    • Guest

      IP X.XX.29.104
    • DO reverse what instiutes say!!!!!!!!

    • glenngie

      336 posts
    • hmm... where does that leave USDJPY?....

    • Alzuraiqi

      39 posts
    • as I expected the eur will go up.but not to much .You know the weaken yen is not good at the end and also the weaken usd is not good to limit oil high prices

    • Alzuraiqi

      39 posts
    • Quoting glenngie
      hmm... where does that leave USDJPY?....
      I think the usd /jpy will located in range 86-95 in 2013

    • michaelpelly

      313 posts
    • I begin to wonder why suddenly all investment banks are shouting that advice - right after the selloff at Friday. All JPY currencies are pretty overbought last 7 weeks and now the "advisors" tell us that this trend will keep forever?

    • jaygee

      1,990 posts
    • Who is Morgan Sanely? lol if you want anyone to take you seriously, at least have someone literate review your..... uhummmmm.... news? posts before you post them. lol

    • Squeeze
      Squeeze's Avatar

      654 posts
    • You think yen is overbought or the pairs versus it? If there is no resolution then surely equities will crash and the greenback will rise as risk is off?

      Quoting michaelpelly
      I begin to wonder why suddenly all investment banks are shouting that advice - right after the selloff at Friday. All JPY currencies are pretty overbought last 7 weeks and now the "advisors" tell us that this trend will keep forever?

    • Alexeii

      169 posts
    • Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!

    • Squeeze
      Squeeze's Avatar

      654 posts
    • In your opinion the yen is oversold? Versus what, usd or crosses such as gbp, euro, cad, aus, chf?

      Quoting Alexeii
      Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!

    • Guest

      IP XX.XXX.22.44
    • Quoting Alexeii
      Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!
      They told me the same thing 3 weeks ago for adding to my long JPY PAIRS... But i made money instead! Maybe i'm a fool for making money?

    • Alexeii

      169 posts
    • Quoting Squeeze
      In your opinion the yen is oversold? Versus what, usd or crosses such as gbp, euro, cad, aus, chf?
      I allready said my opinion no need to repeat it !!!

    • Squeeze
      Squeeze's Avatar

      654 posts
    • I wasn't asking for repetition simply a better explanation to your absolute conviction.

      Quoting Alexeii
      I allready said my opinion no need to repeat it !!!

    • BaitUp

      171 posts
    • Quoting Alexeii
      I allready said my opinion no need to repeat it !!!
      Ignore this clown Alexii. All of a sudden he shows up here at FF and has ALL the answers to every economy in this world. Seen it before around here....

    • arenoosh
      arenoosh's Avatar

      48 posts
    • Quoting Alzuraiqi
      I think the usd /jpy will located in range 86-95 in 2013
      Didn't Abe said that he wants usd/jpy betwen 85 and 90? If I'm not wrong he also said that BOJ will be active in FX to keep this range...

    • tarek.esawy

      1 posts
    • Guys, it's a fact that a weakened yen is in the best interest of exports companies in Japan and as we saw last 2 weeks how was the NIKKIE was leading with better performance since March 2011. Shinzo Abe said it clear he want to make USDJPY 3 DIGITS.

    • pip_trader
      pip_trader's Avatar

      635 posts
    • Abe wants the Yen incredible weak to get Japan out of deflation. He even said if the BOJ doesn't or do enough, he will enact a law that will force them. He is incredible aggressive. There is also a big increase in out-dated (Jun/Aug) puts.

    • Farrusco

        1,016 posts
    • well i'm long on eur/jpy but maybe it will correct to 111 then 124 I guess...

    • Squeeze
      Squeeze's Avatar

      654 posts
    • It's also a fact that Goldman Sachs have gone on record as stating that their principal Asia fund will be taking a huge punt in buying Japan's stongest exporting companies' equity whilst the yen falls over the length of the current govts tenure. But what do they know, they're heading for "a margin call, cant see reality and are brain damaged fools who can't be helped" obviously.

      Quoting tarek.esawy
      Guys, it's a fact that a weakened yen is in the best interest of exports companies in Japan and as we saw last 2 weeks how was the NIKKIE was leading with better performance since March 2011. Shinzo Abe said it clear he want to make USDJPY 3 DIGITS.

    • Robot Trader
      Robot Trader's Avatar

        528 posts
    • Last day of the month and the year, so expect some profit taking today on Yen crosses.

    • michaelpelly

      313 posts
    • Gentlemen, as I said in many occasions before - you thrust newly appointed politicians too much and you do not check what BoJ had issued as policy recently. Also you need to verify the time horizon - the "Abe..." dreams might happen but not before 6-7 months from now. There is pretty much time for all overbought cross JPY to go to the other spectrum and then yen might start to go cheap again. Do not hang our money on a politician who said 2 sentences before election. Actually BoJ governor was pretty clear in its Saturday interview. Also check the news timings last 3 days - the last Asian session was buying cross-yen, then us session also got on the buying hook and when Europe session made some good profit taking selloff - suddenly the US banks started to shout 3-digit yen dreams. Also - do not think big banks are immune to forex losses - check the UBS losses last year from high risk forex operations - 40 bn $.

    • EricKamezou
      EricKamezou's Avatar

      120 posts
    • Abe and co. will intervene the market when JPY becomes too expensive OR too cheap. remember that. There's an limit JPY will go.

    • Guest

      IP XX.XXX.199.130
    • Quoting Guest
      DO reverse what instiutes say!!!!!!!!
      Best advice of this year. We should always do that, when big dogs say something about what should do next.

    • Guest

      IP XXX.XXX.88.66
    • Quoting Guest
      DO reverse what instiutes say!!!!!!!!
      Agreed.
      Before they give any advises to others, they need to look back their own
      bad shit recorded advises.

    • Guest

      IP XXX.XXX.88.66
    • US dollar will be the worlds most stable currency. Just think how many country in
      this world make US dollar as their main foreigh reserve currency other than gold.
      Will these country, especially China, Hong Kong, Taiwan , Japan etc. let their hard earn foreigh reserve being devalue so easily ??

    • Squeeze
      Squeeze's Avatar

      654 posts
    • sterling up sharply versus yen, aussie likewise, loonie up, euro...maybe I'm seeing things in my brain damaged state. Now at year high GBP/JPY.

      Quoting Alexeii
      Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!

    • locojava

      3 posts
    • Quoting Squeeze
      sterling up sharply versus yen, aussie likewise, loonie up, euro...maybe I'm seeing things in my brain damaged state. Now at year high GBP/JPY.
      I'm with you Squeeze.. I longed eur/jpy. been trading long for the past 3 weeks as a matter of fact. I guess i am brain-damaged too for making over 100 pips profit!! ROFL.. (btw i closed all positions for the year now so it doesn't matter now if it plunges..to me)
      Happy New Year Everybody!!

    • Squeeze
      Squeeze's Avatar

      654 posts
    • I'm just having fun regarding the prediction made yesterday by someone, it's always a dangerous game calling an end to a trend, particularly the current one versus yen especially given what underpins it.

      Quoting locojava
      I'm with you Squeeze.. I longed eur/jpy. been trading long for the past 3 weeks as a matter of fact. I guess i am brain-damaged too for making over 100 pips profit!! ROFL.. (btw i closed all positions for the year now so it doesn't matter now if it plunges..to me)
      Happy New Year Everybody!!

    • locojava

      3 posts
    • Quoting Alexeii
      Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!

      The only burned (margin calls) accounts I smell are the ones of those who saw the overbought JPY pairs and shorted! LMAO!!

    • Squeeze
      Squeeze's Avatar

      654 posts
    • What genuinely troubles me about those who spout with absolute conviction that they know a currency pair is going to the moon or going to collapse, is that they shouldn't be allowed anywhere near a platform and account with that kind of mindset. They're miles away from handling the skills and having the smarts necessary to trade.

      Quoting locojava
      The only burned (margin calls) accounts I smell are the ones of those who saw the overbought JPY pairs and shorted! LMAO!!

    • Squeeze
      Squeeze's Avatar

      654 posts
    • oh...

      Quoting Alexeii
      Offcourse he mean JPY pairs are overbough.. I allready smeell the burned (margin calls) accounts of the fools who will furhter short YEN...But some people can't see reality , can't help them. Only brain damaged people will buy anything at the moment against the YEN !!!!

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