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  • Japan's Kuroda: Do not think markets have lost faith in the Yen - BBG

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  • JGBs Slide, Yen Spikes As Parazlyed BOJ Fails To Intervene With Yields Hitting 6 Year High

    From zerohedge.com

    After sliding relentlessly for much of the past month on expectations that the BOJ will be the "odd" central bank out, refusing to join its developed peers in tightening financial conditions, and the USDJPY rising as high as 122.44 earlier (from 115 three weeks ago), the yen jumped on Friday morning in Japan, after the 10Y JGB crossed a critical resistance level without intervention from Kuroda. chart Entering the final trading day of the week, with 10Y JGB yields on the verge of rising above 0.23%, traders were bracing for another massive bond market intervention by the BOJ. As Bloomberg's Wes Goodman put it, ... (full story)

What does weak Yen reflect then?
Japan loves having a weak yen, lender currency...
Fck that yen!Confidence lost in it.
How long will this impact on the yen..?
I was talking about this from six months when to 125 then to 150 it's not a safety heaven anymore yes people lost faith look at ChfJpy it will hit a record ever high very soon
It's all about OIL.
...because you never know - until you do!
Quoting Hassa9
I was talking about this from six months when to 125 then to 150 it's not a safety heaven anymore yes people lost faith look at ChfJpy it will hit a record ever high very soon

Cadjpy is far away from a record high. currently it is 97.60 in 2007 it hit 125.60 - that is 2800 pips away - that is insane to say it is close to a record - maybe u should look at the charts a bit closer first
Quoting Steven1
{quote} Cadjpy is far away from a record high. currently it is 97.60 in 2007 it hit 125.60 - that is 2800 pips away - that is insane to say it is close to a record - maybe u should look at the charts a bit closer first
You misread the pair, he mentioned CHFJPY, you are talking about CADJPY.

I guess you need to edit your comment
Quoting Blessed-man
{quote} You misread the pair, he mentioned CHFJPY, you are talking about CADJPY. I guess you need to edit your comment

Yes u are right - i misread it - still chf/jpy is 700 pips from the 2015 highs so is far away from a record high
Quoting Steven1
{quote} Yes u are right - i misread it - still chf/jpy is 700 pips from the 2015 highs so is far away from a record high
I said it will not now 700 pips can do it by one or two months wait and see jpy is worst than toilet paper in the future
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  • Posted: Mar 24, 2022 9:55pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 10  /  Views: 4,512

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