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- Vibonacci replied May 16, 2024
It looks like they actually did intervene twice (April 29th and May 2nd), but these actual interventions also have a tendency to be short lived. However, not always that short lived , e.g. the October 2022 intervention was the beginning of a ...
USD/JPY Discussion
- Vibonacci replied Dec 15, 2023
Agree on the swap points, aka the carry trade, which was very popular in the late 90's when the yen hit an all time low of 147+ against the USD and recently it became popular again as interest rates in the US went up. It was not until end of last ...
USD/JPY Discussion
- Vibonacci replied Dec 15, 2023
What a rollercoaster! Went in long at 143.75 (1092) thinking the FOMC news was digested and the USD had bottomed out. Was very wrong and it crashed to below 141 in less than 6 hours leading to a paper loss of almost 2000 USD. Doubled down at 141.098 ...
USD/JPY Discussion
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