Menu
Sister Sites

  • Japan ruling LDP set to lose majority in election: NHK

Yen gap down? No clue
160 in the horizon
  •  Guest
  • | IP XXX.XXX.199.107
I don't think anyone can see the exchange rate during the weekend, however we'll be seeing it very soon once the market opens.

Also, we don't have a clue whether these news should be good or bad for the JPY.
  •  Guest
  • | IP XXX.XXX.199.107
"Many opposition and ruling parties are calling for steps to boost wages, which could make it hard for the BOJ to hike rates until there is more clarity on next year's wage developments," said Naoya Hasegawa, chief bond strategist at Okasan Securities.

"If the ruling coalition loses, markets will start to price in the chance of aggressive fiscal spending and a delay in further interest rate hikes," he said.
Dollar gaining momentum and to me usdjpy will knock 160 again but today or tomorrow BOJ has to come up with something to tackle the inflation because japanese people not happy at all with the high inflation. It's because for over 3 decades they were sleeping with dip deflation.
Quoting Topucu
Dollar gaining momentum and to me usdjpy will knock 160 again but today or tomorrow BOJ has to come up with something to tackle the inflation because japanese people not happy at all with the high inflation. It's because for over 3 decades they were sleeping with dip deflation.
This was already priced in. There is no more left for JPY out of gain power now. shorters suffered but now they will be rewarded
Uncertainty will strengthen JPY and weaken nikkei
Quoting Guest
I don't think anyone can see the exchange rate during the weekend, however we'll be seeing it very soon once the market opens. Also, we don't have a clue whether these news should be good or bad for the JPY.
we of course knows it's bad for jpy
Quoting atillaken
{quote} This was already priced in. There is no more left for JPY out of gain power now. shorters suffered but now they will be rewarded
you will see brother, this will knock 160 again. Policy difference has nothing to do with priced in.
Quoting Guest
I don't think anyone can see the exchange rate during the weekend, however we'll be seeing it very soon once the market opens. Also, we don't have a clue whether these news should be good or bad for the JPY.
-"I don't think anyone can see the exchange rate during the weekend"
Yes, you can see week-end forex on xe.com although full effect will come later

-"We don't have a clue"
You cannot talk in the name of everyone in this world. Some people know what will happen in advance.
Invest in alarm clocks
  •  Guest
  • | IP XXX.XXX.199.107
Quoting Tony112
{quote} -"I don't think anyone can see the exchange rate during the weekend" Yes, you can see week-end forex on xe.com although full effect will come later -"We don't have a clue" You cannot talk in the name of everyone in this world. Some people know what will happen in advance.
Exchange rate on xe.com doesn't show anything at the moment, therefore we cannot see the effect of the news yeah. In other words, it's useless even looking at it.

As far as for some people it clearly ain't us, so it's meaningless to even call them out.

We'll see when the market opens whether USD/JPY is headed towards 160 or 140.
Im long on usdjpy also im certain that all time highs will be broken with ease
Yen already started to weak as fck since last few weeks! if they pop on due to market volatility most probably going to sell off overall trend is down minor catalysts wont change anything unless BOJ taking some serious steps to defend yen. Otherwise, (same o same o) pop and drop until something some major intervention side! Good luck !!!
"LDP+Komei would fail to keep majority = 60%. In this scenario, the expected market move would be equities to go lower and JPY to weaken as LDP may need support from Ishin or CDP, both of which favor easy monetary policy."
USD/JPY is up 37.80 at the moment on IG's weekend index.
I imagine this is thinly traded as the spread is currently 14pips.
It's a big game.
PATON All Time Return: 1.9%
Quoting Guest
{quote} Exchange rate on xe.com doesn't show anything at the moment, therefore we cannot see the effect of the news yeah. In other words, it's useless even looking at it. As far as for some people it clearly ain't us, so it's meaningless to even call them out. We'll see when the market opens whether USD/JPY is headed towards 160 or 140.
100 pips on xe.com

accept to learn mate
Invest in alarm clocks
Quoting Tony112
{quote} 100 pips on xe.com accept to learn mate
89 pips

and the gap will be straightened, even during Monday
and since the NIKKEI will go down, be aware of what the Japanese yen does when the NIKEI goes down
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 27_10.jpg Size: 147 KB
rip oil
Invest in alarm clocks
Quoting Topucu
{quote} we of course knows it's bad for jpy
that's what said for sure.
Long on JPY/USD. Presidential election in USA and what is happening here are working in conjunction according to my idea of the market.
Gbpjpy to 210 by elections
  •  Guest
  • | IP XXXX::d81f
Global differentials are already changing against the jpy, and there's still a lot of bloat in a carry trade. The jpy is done being at the levels it was, and the rate of change is going to accelerate at the first catalyst. On the 31st you'll see a sell off in shorting the JPY as the recent trade will conclude. This market should be sideways for awhile with at most a small drift, prob to the upside for the jpy, If Trump wins the USD will go down, as projected, there will be political pressure to make rates lower.
  • New Comment
  •  Guest
  • | IP XX.XX.14.80
Join FF
  • Story Stats

  • Related Stories