When the facts change I change my mind, what do you do sir
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Is JPY About To Get The 'Gold' Treatment?
Overnight a number of media types discussed the inevitability of the 100JPY Maginot Line being crossed (the same way they predicted the inevitable breach of USDJPY 100 two weeks ago). It appears a combination of over-size positioning, options barriers, and economic reality has reduced demand for the JPY cross as a carry trade this morning and after testing 99.98 overnight, JPY is crashing higher since the open of the US equity market. It seems while the G-20 closed its eyes and held its nose, the 'market' is not quite so willing.
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- Apr 22, 2013 11:35am Apr 22, 2013 11:35am
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
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- Apr 22, 2013 11:54am Apr 22, 2013 11:54am
- hayseed
- Joined Nov 2006 | Status: Member | 314 Comments
to trade and code, keep both simple... no call to impress....h
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- Apr 22, 2013 1:12pm Apr 22, 2013 1:12pm
- Timetraveler
- | Joined Jul 2012 | Status: Horos eimi tes Agoras | 521 Comments
Don't Fight Forces, Use Them.
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- muneeflo
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- venzen
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cryptocurrency everytime
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- IWBFMa
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- venzen
- Joined Jul 2011 | Status: good | 456 Comments
cryptocurrency everytime
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- venzen
- Joined Jul 2011 | Status: good | 456 Comments
cryptocurrency everytime
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- IWBFMa
- | Joined Feb 2012 | Status: Member | 32 Comments
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- Apr 23, 2013 3:13am Apr 23, 2013 3:13am
- venzen
- Joined Jul 2011 | Status: good | 456 Comments
cryptocurrency everytime