Dislikedobviosly you are having trouble answering my points and thinking selectively.Ignored
QuoteDislikedseriously one sided thinking like peer steinbruck last year that who said yen is moving irrationally. Europe should worry about its own problems.
Shouldn't that be true for every country? Hello US?
QuoteDislikedYes but japanese debt is held domestically and it is them who hold 5 trillion dollars of net foreign assets, in Europe and America, they sell those assets to buy back their currency, should go up. Plus if a currency is used for carry trade then it is sold, then more has to be bought back to pay interest and amount borrowed so it should weaken, please think before you say anything.
That's what I've said. If it used for carry trades it gets sold and weakens and during unwindings it gets bought and strenghtens. But that doesn't change the fact that the Yen is fundamentally weak.
QuoteDislikedEurope has no foreign debts so what about those who borrow Swiss francs to buy home in Euroarea due to lower interest rate, Fact is Eurozone has over 21 trillion dollars of foreign debt, and Europe as a whole close to 35 trillion of the 50 trillion dollars worldwide of debt. This is gross debt by the way
Do I miss something here? Who cares about CHF? They are in Europe even though they are not a member yet. Of course not all debts are domestic debts but most of them.
Could you give me a source of your numbers please?
QuoteDislikedAnd yes they are printing money, but ECBs balance sheet as a percentage of GDP is larger than Feds, so its interest rate differentials that are only favouring Europe.
Again, please give me a source for that.