Hi There,
I have shorted numerous postions in the above noted pair all the way from 154 to 150.91. Over the past few days the pair has retracted up and then back down to what everyone says its lows and that the carry trade unwinding is done.
The pair today climbed back upto 152.80ish and now sits in and around 152.70. Against alot of indication otherwise from economist- various sites I still firmly believe that the yen will rise again hitting regions of USD>JPY around 115 and the EUR>JPY Pair back down around 151.00.
Any thoughts or opinions on this would be much appreciated.
btw I am brand new to this forum so hello to everyone.
Thanks
kevlot
I have shorted numerous postions in the above noted pair all the way from 154 to 150.91. Over the past few days the pair has retracted up and then back down to what everyone says its lows and that the carry trade unwinding is done.
The pair today climbed back upto 152.80ish and now sits in and around 152.70. Against alot of indication otherwise from economist- various sites I still firmly believe that the yen will rise again hitting regions of USD>JPY around 115 and the EUR>JPY Pair back down around 151.00.
Any thoughts or opinions on this would be much appreciated.
btw I am brand new to this forum so hello to everyone.
Thanks
kevlot