USD/JPY higher – Aso comments | Forex Factory

  • USD/JPY higher – Aso comments

    From forexlive.com

    Japan’s finance minister Aso says: Japan must always be ready to send signal to markets to curb excessive, one-sided FX moves. Japan, as with any country, must set aside necessary reserves to conduct FX intervention when needed. Also, a BOJ seniour official cited: FX is an important tranmission channel for moentary policy but monetary policy doesn’t directly target FX rates. USD/JPY ticking a little higher after these comments.

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gurangax
Nov 13, 2013 9:40pm
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for yen to be cheaper usd/jpy must rise
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giveachance
Nov 13, 2013 9:12pm
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aso if they start manipulating their currencies like you are doing usd/jpy would be at 76.
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pippiphooray
Nov 14, 2013 9:14pm
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Quoting pippiphooray
If we're talkin' Yellen, then I will be a sellin' E/Y and U/Y that is. The story is being priced in. This stuff regarding Aso is of no real concern to me. Looking to leg into a short in E/Y.
I will state that I am apprehensive due to the tops up around 135.50e/y. Waiting...
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pippiphooray
Nov 15, 2013 10:11am
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Quoting pippiphooray
I will state that I am apprehensive due to the tops up around 135.50e/y. Waiting...
Talk about a wasted day waiting...JBTFD...Please see the enclosed video for further explanation.

http://www.youtube.com/watch?v=jllJ-HeErjU
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upasna
Nov 13, 2013 9:18pm
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Quoting giveachance
aso if they start manipulating their currencies like you are doing usd/jpy would be at 76.
Agree
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Agungla
Nov 15, 2013 4:49am
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The fact that the fundamental economic policy is directly proportional to technical analysis, however as traders need to predict the peak in the resistance who want to set the currency pair of the weak yen. Because every size value that has the price has definitely had a nominal value.
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card
Nov 13, 2013 9:36pm
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If there is one thing I learnt over the years, it is to wait for the initial reaction to central bank talk to play out and then go against the trend. I will be shorting USD/JPY soon.
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pippiphooray
Nov 14, 2013 6:14pm
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If we're talkin' Yellen, then I will be a sellin' E/Y and U/Y that is. The story is being priced in. This stuff regarding Aso is of no real concern to me. Looking to leg into a short in E/Y.
Reply
md_wins
Nov 13, 2013 9:22pm
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Quoting giveachance
aso if they start manipulating their currencies like you are doing usd/jpy would be at 76.
absolutely agree. they need yen cheaper and cheaper
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Agungla
Nov 13, 2013 10:40pm
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Need to take action and find a policy and efforts find one of the tractions to achieve the economic growth target ..
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