Menu
Sister Sites

  • Japan minister: not trying to weaken yen, central bank

    From reuters.com

    Japan's economy minister said on Saturday his country's extraordinary fiscal and monetary stimulus program was not aimed at weakening the yen or undermining central bank independence. Akira Amari told the World Economic Forum in Davos it was up to the market to determine the currency's exchange rate, and the Bank of Japan had chosen independently to sign a joint statement with the government on actions to fight deflation and revive economic growth. "You might think there's a deliberate policy to drive down the value of the yen but we in government refrain from commenting on the exchange rate of the yen," Amari said ... (full story)

  •  Guest
  • | IP XX.XX.252.31
So we see GAAAP down opening USDJPY this weekend.
  •  Guest
  • | IP XX.X.151.171
i think at least e/j and u/j will be down
Hey dumbass - if you go tell your Bank of Joint (BOJ) that, then revert to us and say what they feel about buying EUro for the past month. If you are not devaluing Yen what are you toying with? Is it becos your printing factory has too much paper?

Duff ass you are.
so usdjpy will sink to 85
Japanese market is weak, so is EZ. But look, it's unbelievable in these weak markets, Euro keeps rising, so was JPY until they announce stimulus.

I find it quite extraordinary that there is some correlation that DJ goes up, USD goes down. So, pls somebody tell me why.

Oh, right. risk on risk off. So that's the market.
Now look at GBP, AUD and NZD. Any sign of recession, boom GBP goes down 1%.

Gold goes down becoz of risk on and low inflation.

Those are some explanations which don't warrant anything in the market. Don't take anything for granted.
Quoting Guest
So we see GAAAP down opening USDJPY this weekend.
Amazing, short with a cost basis of 90.65; The dollar decreased friday a good bit, but the Japanese QE is not even due till 2014.
When the facts change I change my mind, what do you do sir
I want to know what will make the nikkei 225 Sunday at the opening of her bag .. who knows I respond?
sell usdjpy
I think its color will be changed to red from yellow tomorrow .....
Time to sell gbpjpy eurojpy usdjpy and all other jpy pairs...
Trend of pair of JPY is beginning to reverse, time to sell.
QE of Japan delayed from 2014, Germany and IMF expressing anxiety about exchange rate war.
Eur/jpy, usd/jpy will go up tomorrow . someone who sell should be carefull
Rhetoric to avert a currency war...Given the 2% inflation stance and Abe's desire to devalue the JPY, this type of comment almost needs to come out to cover their currency arses. It should also give them a better price point, at which to sell more Yen...cheers!
But Japan unemployment is low. So what will inflation do?
it was up to the market to determine the currency's exchange rate - dogshit.

if you honestly gunned for freefloat policy, market would spell strong yen trend.

but we in government refrain from commenting on the exchange rate of the yen," - you & abe can eat shit
I'm never predict the market....If go north, I'll buy.....if going south, I'll sell....Don't ever predict the market movement my friend, just go with the flow....and you all will be success in forex...No stress anymore
Dangdut is a music of my country
im with you bud. im trading off M15 with 11pip stops
news, politicians, uncle ben or kamikazes dnt live here

just amusing my weekend on these double standard officials
tomorrow, were ice cold again

happy weekend all
Quoting Sunlight31
Eur/jpy, usd/jpy will go up tomorrow . someone who sell should be carefull
I don't think so!!
  •  Guest
  • | IP XX.XX.254.83
i never predict the trend, i wait for the trend to come and jump into it to earn profit.
Heizo Takenaka: Yen's recent fall was a result of a correction from an excessive strength, The BOJ's latest easing measures aimed at beating deflation, not a weaker yen. "This correction has just started, it's not fair to say the yen has depreciated too much," "There's not a very scientific way of thinking about where the yen will end, but lots of people think a range around 95 to the dollar is appropriate at the moment," Japan PM Advisor: Yen Still Has Room to Weaken Further (gated)
Quoting SalmanDhedhi
Heizo Takenaka: Yen's recent fall was a result of a correction from an excessive strength, The BOJ's latest easing measures aimed at beating deflation, not a weaker yen. "This correction has just started, it's not fair to say the yen has depreciated too much," "There's not a very scientific way of thinking about where the yen will end, but lots of people think a range around 95 to the dollar is appropriate at the moment," Japan PM Advisor: Yen Still Has Room to Weaken Further (gated)
What you mean ? Yen will go up to 95 or down to 85
I want to be rich.
that's true, i made big losses because i tried to predict the market. should have just cut losses.
contact me for a managed account
  • New Comment
  •  Guest
  • | IP X.XXX.209.138
Join FF
  • Story Stats