Hi guys, any have an idea why the yen does not care about any report when it has to reevaluate and just react to bad news???
the only time i have seen the yen gaining fast is when some goverments start to get angry over yen not reacting to japan fundamentals.
then suddenly by some kind of magic spell the yen start gaining, but when the subject is forgotten 3 or 4 weeks later, yen start losing again like crazy.
has the japanese central bank been playing with the unfair yen advantage for many years?
why is the bank of japan not caring what other finance minister say and keep the unfair advantage to it exporters even when inflation is rising there?
why they just forgot so easily the promise they did to revalue the yen?
we are now almost the same low at that time there. and even when we have gotten a bunch of good economic news from japan.
i just cant get it, look at ej, cj, au/j and many other currencies which has not lost so much value like the usd. and you will see how the yen is being sent to lows. even some reports shows carry traders positions are not at full steam and look how the yen is weak really weak.
anyone has an idea why this madness really happens??? thanks.
the only time i have seen the yen gaining fast is when some goverments start to get angry over yen not reacting to japan fundamentals.
then suddenly by some kind of magic spell the yen start gaining, but when the subject is forgotten 3 or 4 weeks later, yen start losing again like crazy.
has the japanese central bank been playing with the unfair yen advantage for many years?
why is the bank of japan not caring what other finance minister say and keep the unfair advantage to it exporters even when inflation is rising there?
why they just forgot so easily the promise they did to revalue the yen?
we are now almost the same low at that time there. and even when we have gotten a bunch of good economic news from japan.
i just cant get it, look at ej, cj, au/j and many other currencies which has not lost so much value like the usd. and you will see how the yen is being sent to lows. even some reports shows carry traders positions are not at full steam and look how the yen is weak really weak.
anyone has an idea why this madness really happens??? thanks.