"Fellow traders i see this yen pairs crawling to heaven through a rope that does not have a tail end but keeps forming and leading dem up and it seems dey will never plunge into hell as it is especially seen in eurjpy cross.
Well as it is all clear, dis ridiculously low interest rate of the yen has been a major factor if i am right cos dey have made a lot of investors including many japanese demselves to borrow loans to buy higher yielding assets outside the country. this offshore investment has contributed to d continous depreciation of the yen since mid march dis year now. I can say that close to 75-80% of recent fundamentals have been in favor of tthe yen, but no way it keeps depreciating ! shuuuuuuu !
WELL WILL DIS CONTINUE ? OR WE EXPERIENCE A REPETITION OF MASSIVE CORRECTION LIKE LAST YEARS EVENT THAT OCCURED BETWEEN JULY AND AUGUST?
AND BY THE WAY, WOTS PREVENTING BOJ FROM RAISNG RATES ? ARE DEY NOT ALSO POSED WITH HIGHER INFLATION ?
Well as it is all clear, dis ridiculously low interest rate of the yen has been a major factor if i am right cos dey have made a lot of investors including many japanese demselves to borrow loans to buy higher yielding assets outside the country. this offshore investment has contributed to d continous depreciation of the yen since mid march dis year now. I can say that close to 75-80% of recent fundamentals have been in favor of tthe yen, but no way it keeps depreciating ! shuuuuuuu !
WELL WILL DIS CONTINUE ? OR WE EXPERIENCE A REPETITION OF MASSIVE CORRECTION LIKE LAST YEARS EVENT THAT OCCURED BETWEEN JULY AND AUGUST?
AND BY THE WAY, WOTS PREVENTING BOJ FROM RAISNG RATES ? ARE DEY NOT ALSO POSED WITH HIGHER INFLATION ?
know thy edge and abide by it ! 4 in it shall thou be successful !