BOJ's Ueda expects gradual rise in price trend | Forex Factory

  • BOJ's Ueda expects gradual rise in price trend

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Nick.
Dec 19, 2024 12:54am
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Quoting atillaken
I am now very sure UEDA is a JPY killer. a betrayer against Japanese citizens. End of the subject. Hope uSDJPY will be 200
Is not a betrayer if what the end goal is to devalue the currency to protect jobs by making their manufacturing more competitive. Japan is still very much a manufacturing economy. High-end manufacturing. I love the Japanese. They are unique in so many ways.
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jordanvic
Dec 18, 2024 10:44pm
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Glad I'm not short, sad I'm not long.
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bartholemew
Dec 19, 2024 8:15am
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Quoting Konichiwhaat
With the FEDs chat yesterday, the strong up PA today, and the BOJ announcement pending tomorrow, I will be contemplating a large short bet on USDJPY tomorrow morning placed just before Tokyo open
The market seems to have target fixation on retesting 160, but long UJ is a crowded trade. It's one geopolitical miscalculation away from longs getting extruded through the exit door.
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Konichiwhaat
Dec 18, 2024 10:58pm — Edited
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With the FEDs chat yesterday, the strong up PA today, and the BOJ announcement pending tomorrow, I will be contemplating a large short bet on USDJPY tomorrow morning placed just before Tokyo open
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Trader#449F
Dec 19, 2024 1:19am
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but when you devalue your country's currency, imports rise and who suffers? the Citizens of that country suffer as prices rise. Citizens whose salaries do not rise will have to pay a higher price for goods. So, I agree with Atillaken
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Trader#FBD3
Dec 19, 2024 1:20am
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Quoting Nick.
{quote}Is not a betrayer if what the end goal is to devalue the currency to protect jobs by making their manufacturing more competitive. Japan is still very much a manufacturing economy. High-end manufacturing. I love the Japanese. They are unique in so many ways.
By eroding purchasing power of Japanese people?
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Konichiwhaat
Dec 18, 2024 11:19pm
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Quoting atillaken
betrayer against Japanese citizens
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atillaken
Dec 18, 2024 11:14pm
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I am now very sure UEDA is a JPY killer. a betrayer against Japanese citizens. End of the subject. Hope uSDJPY will be 200
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TopDawg98
Dec 18, 2024 10:48pm
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Quoting jordanvic
Glad I'm not short, sad I'm not long.
its always a GJ long
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Trader#FBD3
Dec 19, 2024 11:08pm
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Quoting bartholemew
{quote} The market seems to have target fixation on retesting 160, but long UJ is a crowded trade. It's one geopolitical miscalculation away from longs getting extruded through the exit door.
I would say rather economical miscalculation from the FED.
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Trader#1D9D
Dec 18, 2024 10:47pm
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I was on short
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