Yen Volatility Rises as Credit Risk Erodes Carry Trade Appeal
http://www.bloomberg.com/apps/news?p...rld_currencies
http://www.bloomberg.com/apps/news?p...rld_currencies
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DislikedI am still patiently waiting for the Frank and London to set the tone here, especially when we are in a 153 pip range from the Asian Session up to the Frankfurt.
I have High at 229.07 and Low at 227.54 with the median at 228.30.
We also have the 229.55/57 as our High from London Session from Yesterday, so there are a few things to consider in making trades prior to the direction of todays session prematuraly.
Lets be patient and watch the price action give us our lead, until then, lets enjoy the preparation and analysis that must be accomplished before any trade is made.
Safe and Good Trades to all!Ignored
Dislikedhope u guys are not holding on to your longs
hope u had a s/l
this carry unwinding is till happening
and the news/fundamentals is supporting itIgnored
DislikedHow much more unwinding should we expect? hmmmm, time for a short? or is it too late now?Ignored