DislikedA question:
How do you see this trend down for one thing and the pair to take a nose dive to the 109 for another?Ignored
Then, no matter what the result usd/jpy should start to trend up.
Liquidation of short yen positios should be over by now, and I don't see who would invest in a currency with zero interest rate.
Unless we see sudden ugly news on another major fund collapse there shouldn't be any spikes down in JPY crosses.
"Luxury is one of the basic needs", (c), Don Corleone